Business, 20.03.2020 11:37 Tyrant4life

For a monopolistically competitive firm, at the profit-maximizing quantity of output, a. price exceeds marginal cost. b. marginal revenue exceeds marginal cost. c. marginal cost exceeds average revenue. d. price equals marginal revenue.

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For a monopolistically competitive firm, at the profit-maximizing quantity of output, a. price excee...