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cyanfly142Lv1
11 Dec 2019
Both monopolistic competitive firms and perfectly competitive firms maximize profits:
A. by producing where marginal revenue is equal to marginal cost.
B. by producing where marginal revenue equals average revenue.
C. by producing where price equals average total cost.
D. by producing where price equals average variable cost.
Both monopolistic competitive firms and perfectly competitive firms maximize profits:
A. by producing where marginal revenue is equal to marginal cost.
B. by producing where marginal revenue equals average revenue.
C. by producing where price equals average total cost.
D. by producing where price equals average variable cost.
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Sonal BahlLv10
13 Oct 2020
8 Nov 2020
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