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Chapter 16, Problem 7PA

Subpart (a):

To determine

Change in number of firms and demand.

Subpart (b):

To determine

Profit maximizing quantity.

Subpart (c):

To determine

Profit maximizing price.

Subpart (d):

To determine

Profit maximization.

Subpart (e):

To determine

Measuring values of firms inmonopolistic competition.

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