Barriers To Entry To The Monopolistically Competitive Industry A. Don't Exist B. Are…
Barriers to entry to the monopolistically competitive industry
a. don’t exist
b. are greater than those to purely competitive industries but less than
those to monopolies or oligopolies
c. are primarily based upon prices
d. are less than those to competitive industries but greater than those to
monopolies or oligopolies
e. enable these firms to earn substantial economic profits in the long run.
Barriers to entry to the monopolistically competitive industry
e. enable these firms to earn substantial economic profits in the long run.
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