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14-12-2022
Business

contestada

If Harold Hotelling's insight about location is extended to other firm decisions, you would expect the output of monopolistically competitive firms to become
A. more differentiated over time.
B. more similar over time, while location, hours and other features become more differentiated
over time.
C. more similar over time, with location, hours and other features also becoming more similar
over time.
D. lower in quality over time.

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