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(Solved): 8 of 20 A monopolistic competitor should produce up to the quantity here MR = MC because: After this ...



8 of 20 A monopolistic competitor should produce up to the quantity here MR = MC because: After this point, marginal unit is imperfect Each marginal unit is adding to profit by bringing in more revenue than its cost Each marginal unit is adding profit by increasing price Quantity is maximized.



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