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A monopolistically competitive firm is producing at an output level in the short run where average total cost is $4.75, price is $4.75, marginal revenue
A monopolistically competitive firm is producing at an output level in the short run where average total cost is $4.75, price is $4.75, marginal revenue is $3.00, and marginal cost is $3.50. This rm is operating Multiple Choice O at an optimal level of output. at the breakeven point. O O with a loss. O with positive profits
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