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Figure 16-10 The figure is drawn for a monopolistically-competitive firm. Refer to Figure 16-10. If the firm were to produce 154.92 units of output, a.efficient

Figure 16-10

The figure is drawn for a monopolistically-competitive firm.

Refer to Figure 16-10.If the firm were to produce 154.92 units of output,

a.efficient scale would be realized.b.ATC would be at its minimum value.c.the firm would sustain a loss of more than $2,000.d.All of the above are correct.

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