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Loraine Loraine
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Posts: 4563
9 years ago
"A firm in monopolistic competition maximizes its profit by producing where its price is equal to its marginal cost." Is the previous statement correct or incorrect?
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 267 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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Loraine Author
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9 years ago
Thanks
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Yesterday
Thanks for your help!!
wrote...

2 hours ago
Good timing, thanks!
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