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whipped whipped
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Posts: 560
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7 years ago
A monopolistic competitor earns zero economic profits if ________.
A) price is higher than average total cost
B) price is lower than marginal cost
C) price is equal to marginal cost
D) price is equal to average total cost
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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Answer verified by a subject expert
SimplemanSimpleman
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7 years ago
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whipped Author
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7 years ago
Just got PERFECT on my quiz
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks
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