In the model of monopolistic competition, if firms have average cost curves that_ the quantity sold, then opening trade will the total number of firms and average price. slope down; decrease; increase slope down; increase; decrease slope down; decrease; decrease slope up; decrease; increase with the
In the model of monopolistic competition, if firms have average cost curves that_ the quantity sold, then opening trade will the total number of firms and average price. slope down; decrease; increase slope down; increase; decrease slope down; decrease; decrease slope up; decrease; increase with the
Chapter14: Monopolistic Competition And Product Differentiation
Section: Chapter Questions
Problem 7P
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please explian the answers to these two in deatil
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