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graph shown of a monopolistically competitive firm. If the firm maximizes profit, it will: A line graph plots price versus quantity for two curves and
graph shown of a monopolistically competitive firm. If the firm maximizes profit, it will: A line graph plots price versus quantity for two curves and two lines.A line graph plots price, which ranges from 0 to 85, with an increment of 5, against dresses per year in thousands, which range from 0 to 24, with an increment of 4, for two descending lines, M R and Demand, which intersect with two ascending curves, A T C and M C. There are three intersection points at (85, 8), (75, 12), and (45, 8). The values are approximate. Multiple Choice produce 8,000 dresses per year. produce 5,000 dresses per year. produce 12,000 dresses per year. go out of business because it cannot earn a profit
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