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Just like a monopolist, a monopolistically-competitive firm: a) can raise its price without losing all sales. b) is a price maker. c) produces the quantity

Just like a monopolist, a monopolistically-competitive firm:

a) can raise its price without losing all sales.

b) is a price maker.

c) produces the quantity at which marginal revenue equals marginal cost.

d) All of the above are correct.

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