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The figure on the right shows a firm operating in a monopolistically competitive market. If nothing else changes, this firm Part 2 A. should stay
The figure on the right shows a firm operating in a monopolistically competitive market. If nothing else changes, this firm Part 2 A. should stay open but decrease production below 80 units in order to reduce its cost. B. will charge $100 per unit to eliminate the loss. C. will produce 100 units to eliminate the deadweight loss. D. should increase production to 120 units in order to reduce its cost. E. will exit the market because it is currently incurring an economic loss in the short run
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