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For a Monopolistically competitive firm, if AVC < P < ATC, the firm _________ in short run Group of answer choices incurs a loss larger

For a Monopolistically competitive firm, if AVC < P < ATC, the firm _________ in short run Group of answer choices incurs a loss larger than the FC incurs a loss smaller than the FC incurs a loss equal than the FC none of these answers is correct makes a profit

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