Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below. Suppose that entry into this industry changes this firm's demand schedule from columns (1)and (3)to columns (2)and (3). We can conclude that this industry is

Question

Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below.  Suppose that entry into this industry changes this firm's demand schedule from columns (1)and (3)to columns (2)and (3). We can conclude that this industry is

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The Answer of Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below.  Suppose that entry into this industry changes this firm's demand schedule from columns (1)and (3)to columns (2)and (3). We can conclude that this industry is

Answer the Question Based on the Demand and Cost Schedules