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Luden [163]
3 years ago
12

A monopolistically competitive firm is producing at an output level in the short run where average total cost is $4.75, price is

$4.75, marginal revenue is $3.00, and marginal cost is $3.50. This firm is operating
Business
1 answer:
Harrizon [31]3 years ago
3 0

Answer:

loss at the short run

Explanation:

marginal cost is higher than the marginal revenue

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