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Florida ECO 2023 – Describe two different aspects

24 / 01 / 2019 Assignments

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Florida ECO 2023 – Describe two different aspects

1. Describe two different aspects in which a monopolistically competitive firm behaves like perfectly competitive firm.2. Evaluate the statement and explain why it is correct or incorrect: ” The existence of excess capacity makes a monopolistically competitive firm resemble more a perfectly competitive firm.

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