A company doing business in a monopolistically competitive market will most likely maximize profits when its output quant

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answerhappygod
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A company doing business in a monopolistically competitive market will most likely maximize profits when its output quant

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A company doing business in a monopolistically competitivemarket will most likely maximize profits when its output quantity isset such that:
A-marginal revenue equals average cost B-None of the answers iscorrect. C-average cost is minimized D-marginal revenue equalsmarginal cost
Oligopolistic pricing strategy most likely results in a demandcurve that is:
A-horizontal B-None of the answers is correct. C-verticalD-kinked
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