After determining its profit-maximizing quantity of output, how does a monopolistic competitor choose its price? group of answer choices
a. the firm will look at the demand curve to find out what it could charge for that quantity of output.
b. the firm will look at the average cost curve to find out what it could charge for that quantity of output.
c. the firm will look at the marginal revenue curve to find out what it could charge for that quantity of output.
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After determining its profit-maximizing quantity of output, how does a monopolistic competitor choos...
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