If a Monopolistically Competitive Firm Wants to Maximize Profits,it Will

question 24

Multiple Choice

If a monopolistically competitive firm wants to maximize profits,it will increase production until:

• A)marginal revenue average variable cost.
• B)marginal revenue = average total cost.
• C)marginal cost marginal revenue.
• D)marginal revenue = average revenue.
• E)marginal revenue = marginal cost.

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