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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Both monopolistically competitive firms and perfectly competitive firms maximize profits
A) by producing where price equals average total cost.
B) by producing where marginal revenue equals average revenue.
C) by producing where marginal revenue is equal to marginal cost.
D) by producing where price equals average variable cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 280 times
1 Reply
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Tidy Author
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9 years ago
this is exactly what I needed
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Yesterday
Correct Slight Smile TY
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2 hours ago
Thanks for your help!!
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