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Bpringle2000 Bpringle2000
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A year ago
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.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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moon21cmoon21c
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A year ago
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