IDNLearn.com provides a seamless experience for finding accurate answers. Join our community to receive prompt, thorough responses from knowledgeable experts.
In the long run, monopolistically competitive firms:
a. cannot earn an economic profit.
b. produce so that marginal cost equals price.
c. produce at the level that minimizes average total cost.
d. set marginal revenue equal to price.
Sagot :
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Thank you for choosing IDNLearn.com for your queries. We’re committed to providing accurate answers, so visit us again soon.
