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stars_and_moon stars_and_moon
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Posts: 3218
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7 years ago
A firm in monopolistic competition maximizes profits by producing the quantity where
A) price equals average cost.
B) marginal revenue equals average cost.
C) marginal revenue equals marginal cost.
D) price equals marginal cost.
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kingbykingby
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#1
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Posts: 3218
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7 years ago
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#2
7 years ago
Perfectly answered Smiling Face with Open Mouth

Cheers
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#3
7 years ago
I instantly knew the answer when I read the question, happy to help
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