Title: A firm in monopolistic competition maximizes profits by producing the quantity where Post by: stars_and_moon on Jul 19, 2016 A firm in monopolistic competition maximizes profits by producing the quantity where
A) price equals average cost. B) marginal revenue equals average cost. C) marginal revenue equals marginal cost. D) price equals marginal cost. Title: Re: A firm in monopolistic competition maximizes profits by producing the quantity where Post by: kingby on Aug 11, 2016 Content hidden
Title: Re: A firm in monopolistic competition maximizes profits by producing the quantity where Post by: stars_and_moon on Aug 17, 2016 Perfectly answered :D
Cheers Title: Re: A firm in monopolistic competition maximizes profits by producing the quantity where Post by: kingby on Aug 18, 2016 I instantly knew the answer when I read the question, happy to help
|