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Answer:
variable costs
Explanation:
According to my research on monopolistically competitive firms, I can say that based on the information provided within the question they will continue to produce as long as the revenue covers variable costs. This term is defined as the costs that change as the quantity of the product that is being produced changes.
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Southern states were known as the cotton kingdom because the cotton population in the south was rapidly growing. Rich plantation owners would grow cotton and sell them to the New England region to make clothes etc.
