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Author Question: A firm in monopolistic competition makes its decisions on quantity and price by (Read 64 times)

Tazate

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on: May 24, 2019
A firm in monopolistic competition makes its decisions on quantity and price by
◦ taking price as given from the market and producing where MR = MC.
◦ taking both price and quantity as given from the market.
◦ producing where MR = MC and setting the price for this quantity from the demand curve.
◦ taking quantity as given from the market and setting the price for this quantity from the demand curve.
◦ producing where MR = MC and setting the price so that P = MR = MC.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Tazate on May 24, 2019

FergA

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Tazate

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Reply #2 on: May 24, 2019
Thank you!


FergA

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Reply #3 on: May 24, 2019
Always glad to help...


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