question archive Monopolistically competitive firms are productively inefficient because production occurs where: A
Monopolistically competitive firms are productively inefficient because production occurs where: A
Subject:EconomicsPrice:2.85 Bought3
Monopolistically competitive firms are productively inefficient because production occurs where:
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A. marginal cost is greater than marginal revenue. |
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B. marginal cost is less than marginal revenue. |
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C. average total cost is greater than the minimum average total cost. |
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D. average total cost is less than the difference between average total cost and average variable cost. |
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