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Title: If a monopolistically competitive firm is producing 50 units of output where marginal cost equals ma Post by: Tidy on Jun 21, 2015 If a monopolistically competitive firm is producing 50 units of output where marginal cost equals marginal revenue, total cost is $1,674 and total revenue is $2,000, its average profit is
A) $326. B) $40. C) $6.52. D) impossible to determine without additional information. Title: Re: If a monopolistically competitive firm is producing 50 units of output where marginal cost equal Post by: VincenzoD on Jul 20, 2015 Content hidden
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