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Business, 14.04.2020 16:16 21580

A monopolistically competitive firm has excess capacity in the long run. This means that it: Group of answer choices produces less than the output at which average total costs are minimized. could produce more by moving to a larger plant. doesn't maximize profits. produces less than the output at which price and marginal cost are equal.

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A monopolistically competitive firm has excess capacity in the long run. This means that it: Group o...

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