ECO111_-_FA_2023_-_RE_1121.webp
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ECO111_-_FA_2023_-_RE_1121.webp

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(44)Answer
(Choose 1 answer)
When firms exit a monopolistically competitive market, profits of remaining firms
A. decrease and product diversity in the market decreases
B. decrease and product diversity in the market increases
C. increase and product diversity in the market decreases
D. increase and product diversity in the market increases


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