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Tidy Tidy
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Posts: 4852
8 years ago
Unlike a perfectly competitive firm, for a monopolistically competitive firm
A) price ≠ marginal cost for all output levels.
B) price ≠ marginal revenue for all output levels.
C) price ≠ average revenue for all output levels.
D) marginal revenue = marginal cost at the profit-maximizing output.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Tidy Author
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