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Title: In the long run, if the demand curve of a profit-maximizing monopolistically competitive firm is ... Post by: Nica on Feb 26, 2019 In the long run, if the demand curve of a profit-maximizing monopolistically competitive firm is tangent to its average total cost curve, then
• the firm would break even. • the firm would shut down temporarily. • the firm would earn enough revenue to cover its variable costs, but not its fixed costs. • the firm would earn an economic profit. Title: In the long run, if the demand curve of a profit-maximizing monopolistically competitive firm is ... Post by: wasan on Feb 26, 2019 Content hidden
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