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The two basic conditions for long-run equilibrium in monopolistically competitive markets are that
Q2: The incidence of a sales tax falls
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Q8: That profits are a consequence of the
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Q28: According to the information given,it would be
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Q44: Profit-maximizing firms should increase output to the
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Q59: Short-run costs that do not change as
Q68: The two basic conditions for long-run equilibrium