asked 219k views
5 votes
Monopolistic competition might be efficient if​ _______.

A. firms invest in technology that decreass the marginal cost of production
B. more firms enter the industry
C. the loss that arises because the quantity produced is less than the efficient quantity is offset by the gain that arises from having a greater degree of product variety
D. firms leave the industry

1 Answer

3 votes

Answer:

B. more firms enter the industry

answered
User Miryam
by
7.9k points
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