Pearson eText Microeconomics -- Access Card
Pearson eText Microeconomics -- Access Card
7th Edition
ISBN: 9780136850045
Author: Hubbard, Glenn, O'Brien, Anthony
Publisher: PEARSON
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Chapter 13, Problem 13.4.2RQ
To determine

Why monopolistically competitive firm is productively inefficient and how there is excess capacity.

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17. Given that C=$700+0.8Y, I=$300, G=$600, what is Y if Y=C+I+G?
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