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Monopolistically Competitive Assignment | Homework For You

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December 11th, 2019

If a monopolistically competitive firm is producing 450 units of output and at this output​ level, the price is​ $15 and the average total cost is​ $12, the firm​ profit/loss is equal to​ ________.

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A.$1,350

B. -​$1,525

C.-​$1,350

D.​$1,525. Get Economics homework help today

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