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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 290 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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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
wrote...

9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
This helped my grade so much Perfect
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2 hours ago
Correct Slight Smile TY
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