Monopolistically competitive firm maximizes profit

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Reference no: EM13818118

If a monopolistically competitive firm maximizes profit by producing 600 units per hour, it must be true that at 600 units per hour:

A) marginal revenue is increasing.

B) marginal revenue equals marginal cost.

C) marginal cost is decreasing.

D) marginal revenue equals average cost.

Reference no: EM13818118

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