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Author Question: Monopolistically competitive firms can differentiate their products A) by producing where ... (Read 109 times)

chads108

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Monopolistically competitive firms can differentiate their products
 
  A) by producing where marginal revenue equals marginal cost.
  B) through marketing.
  C) by equating price and average total cost.
  D) by producing at minimum efficient scale.

Question 2

The level of output at which all economies of scale have been exhausted is known as
 
  A) constant returns to scale. B) optimal economic size.
  C) minimum efficient scale. D) the economically efficient output level.


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kaylee05

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chads108

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Reply 2 on: Jun 29, 2018
Wow, this really help


upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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