Oligopolists seldom change prices, because they don't like change.
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Q30: In the long run, a monopolistically competitive
Q31: Advertising never makes sense for an oligopolistic
Q32: When comparing industries, a monopolistically competitive industry
Q33: Since firms in both monopolistic competition and
Q34: Society definitely benefits by reducing the number
Q36: An oligopoly is a market dominated by
Q37: In the long run, a monopolistically competitive
Q38: The short-run equilibrium of the firm under
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Q40: Under monopolistic competition, profits cannot persist because
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