John operates a small burger shop on State Street in a monopolistically competitive burger restaurant industry. In the long-run equilibrium, the profit-maximizing price of the Deluxe burger is $4. Price also equal John's average total cost. John's minimum average total cost is less than $4. O True O False Question 8 3 pts If Canada can manufacture 40 iPhones for every TV it produces and Mexico can produce 20 iPhones for every TV it produces, [ Select ] has the [ Select ] advantage in tv production