kyomonster2557 kyomonster2557

02-07-2021
Business

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A monopolistically competitive firm is producing at an output level in the short run where average total cost is $4.75, price is $4.75, marginal revenue is $3.00, and marginal cost is $3.50. This firm is operating

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ashish4112119 ashish4112119

02-07-2021

Answer:

loss at the short run

Explanation:

marginal cost is higher than the marginal revenue

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