Agree or disagree and describe in monopolistically, Ask an Expert

Economics

1) Agree or disagree and explain: In a monopolistically competitive market, firms that innovate successfully can increase their economic profits and lock in higher market shares over the long run.

2) Bookstores often offer annual paid memberships that allow customers to purchase books at a 10% discount. Explain why this may increase profits of the bookstore.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9161563

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