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If a monopolistically competitive firm is producing 5,000 units of output and at this output level, the price is $20 and the average total cost

If a monopolistically competitive firm is producing 5,000 units of output and at this output level, the price is $20 and the average total cost is $7, the firm profit/loss is equal to O $65,000 0 -$65,000 O -$50,000 0 $50,000

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