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Business, 25.03.2021 22:40 zdwilliams1308

In monopolistic competition there is an under-allocation of resources at the profit-maximizing level of output, which means that rev: 05_15_2018 Multiple Choice ATC is not equal to MC. price is greater than minimum ATC. price is greater than MC. price is greater than MR.

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In monopolistic competition there is an under-allocation of resources at the profit-maximizing level...
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