Answer to Question #61029 in Microeconomics for jerrod

Question #61029
In monopolistically competitive​ markets, economic losses
A.
are maintained through government imposed barriers to exit.
B.
signal some incumbent firms to exit the market.
C.
are never possible.
D.
signal new firms to enter the market.
1
Expert's answer
2016-08-03T09:49:02-0400
B. signal some incumbent firms to exit the market.

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