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The following diagram depicts monopolistically competitive firms. Price loss; P2 P1 ST 91 92 Quantity Graph A Oprofit, P
Posted: Sun Jul 03, 2022 1:00 pm
by answerhappygod
- The Following Diagram Depicts Monopolistically Competitive Firms Price Loss P2 P1 St 91 92 Quantity Graph A Oprofit P 1 (39.27 KiB) Viewed 11 times
The following diagram depicts monopolistically competitive firms. Price loss; P2 P1 ST 91 92 Quantity Graph A Oprofit, P2 P1 ST O loss; P1VRS MC MR ATC Price MC MR 91 92 Quantity Graph B In Graph B, the profit-maximizing (loss-minimizing) firm is making a â’¸profit: P1 VRS ATC shown by the area