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Tidy Tidy
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Posts: 4852
9 years ago
A monopolistically competitive firm maximizes profit in the short run by producing where
A) price is less than marginal cost.
B) price is less than marginal revenue.
C) price is less than average revenue.
D) price is greater than marginal cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 269 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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VincenzoDVincenzoD
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8 years ago
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