Business, 23.07.2020 03:01 jngonzo1226

Which of the following real-world situations is the result of excess capacity in a monopolistically competitive market? a. A factory producing women's clothing produces more than it can sell during a season.
b. Gas stations with infrequently used pumps are located at all four corners of an intersection.
c. A retail auto tire store orders too much inventory.
d. Monopolistically competitive firms do not exist in the real world.

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Which of the following real-world situations is the result of excess capacity in a monopolistically...

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