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Unlike a perfectly competitive firm, a monopolistic competitor operates in the long run at a point at which a.unit costs are not minimized. b.MR =
Unlike a perfectly competitive firm, a monopolistic competitor operates in the long run at a point at which
a.unit costs are not minimized.
b.MR = MC.
c.profits are zero.
d.P = ATC.
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Organizational Behavior And Management
Authors: John Ivancevich, Michael Matteson
6th Edition
0072436387, 978-0072436389
