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Once a monopolistically competitive firm innovates,it is likely that:
Substantial Down Payment
A large initial payment made when purchasing an item or property, reducing the amount of the loan or mortgage required.
Risk of Obsolescence
The risk that a product, service, or technology will become outdated or no longer useful, often due to advancements in technology.
Debt to Stockholders' Equity Ratio
A financial ratio that measures the proportion of a company's total debt to its shareholders' equity, indicating the financial leverage of the company.
Current Ratio
The Current Ratio is a measure of liquidity that assesses a company's capacity to cover short-term liabilities or debts due within the next year.
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