{
  "id": "monopolistic-competition-short-run",
  "name": "Monopolistic competition: short run",
  "unit": "micro",
  "unitName": "Unit 2 · Microeconomics",
  "topic": "Imperfect competition (HL)",
  "hl": true,
  "description": "Product differentiation gives each firm a relatively elastic, downward-sloping demand curve. Producing where MC = MR, a firm can earn abnormal profit or make a loss in the short run.",
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    "MC = MR"
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