This site uses graphs to show how changes in demand would change a firm's output, price, and profits or losses in a monopolistically competitive market structure.

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Additional Tags

change in demand, economic loss, economic profit, long run equilibrium, monopolistic competition, normal profit, output, production, short run production costs

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Classroom Considerations

Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)

This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information

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