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umka21 [38]
3 years ago
6

In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variab

le cost.
Business
1 answer:
tankabanditka [31]3 years ago
8 0

Answer:

Until Marginal Revenue = Marginal Cost

​

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

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