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Suppose the firm is a monopolistic competition firm whose demand function is X= 100 - 2P, Assume that there are no barriers to entry and the firm sells at equilibrium 20 units.
a. What is the average cost of the firm?
b. What can you say about the marginal cost of the firm?
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business relations and communicationcase scenarioyou submitted what you thought was a masterful report to your boss
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