I Need A Research Paper For One Page About This:

I Need A Research Paper For One Page About This:

The class is ECON 2302

I need it by today 11:00 pm plz

1- please comment on the following statement “ a monopolistically competitve firm will stil produce in the short run even if its demand curve is below its average variable cost curve simply because each firm maintains a degree of market power.”

2- explain what should happen to the demand curve of monopolistically competitve firms as the consumers observe a decrease in the degree of product differentitation on one hand an increase in the number of rival firms on the other . dose that impact the structure of the industry?

 

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