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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A firm in monopolistic competition maximizes profit by producing the quantity at which
A) marginal revenue equals marginal cost.
B) price equals marginal revenue.
C) price equals marginal cost.
D) demand equals marginal cost.
E) price equals average total cost.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 157 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Posts: 1913
9 years ago
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