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Figure: Profit Maximization for a Firm in Monopolistic Competition Price and cost $40 MC ATC 30 23 ATC' 20 10 MR AR = D O

Figure: Profit Maximization for a Firm in Monopolistic Competition Price and cost $40 MC ATC 30 23 ATC' 20 10 MR AR = D O 150 200 Quantity (per day)

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