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Title: A monopolistically competitive firm maximizes profits in the short run
Post by: Bpringle2000 on Oct 9, 2022
A monopolistically competitive firm maximizes profits in the short run

▸ by equating MC with price.

▸ by equating MC with MR.

▸ when P = ATC.

▸ by maximizing total revenue.

▸ when P = AVC.


Title: A monopolistically competitive firm maximizes profits in the short run
Post by: moon21c on Oct 9, 2022
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