your are the manager, write a essay how are you going apply the concepts we have discussed in class the subject is managerial economics author-
September 3, 2020
Point out one product that you believe is produced by a “pure” monopoly firm (or a firm with a high degree of monopoly power). Is it a local,
September 3, 2020

Is a monopolistically competitive firm productively efficient?

A.No, because it does not produce at minimum average total cost.

B.Yes, because price equals average total cost.

C.Yes, because it produces where marginal cost equals marginal revenue.

D.No, because price is greater than marginal cost.

KM
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