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Title: A firm in monopolistic competition is trying to decide whether or not to differentiate its product b Post by: stars_and_moon on Jul 19, 2016 A firm in monopolistic competition is trying to decide whether or not to differentiate its product by staying open 24 hours. The firm should stay open 24 hours if
A) the marginal revenue from the extra hours of business exceeds the marginal cost. B) it is the only firm that is open for 24 hours. C) the average revenue from a 24 hour day exceeds the average cost. D) its is earning a positive profit. Title: Re: A firm in monopolistic competition is trying to decide whether or not to differentiate its ... Post by: kingby on Aug 11, 2016 Content hidden
Title: Re: A firm in monopolistic competition is trying to decide whether or not to differentiate its product b Post by: stars_and_moon on Aug 17, 2016 I compared your answer with a buddy, and it matches
Thanks Title: Re: A firm in monopolistic competition is trying to decide whether or not to differentiate its product b Post by: kingby on Aug 18, 2016 I instantly knew the answer when I read the question, happy to help
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