Which of the following is true with regard to monopolistically competitive firms scale of production and pricing decisions Monopolistically competitive firms produce ?

A. With excess capacity and charge a price equal to marginal cost

B. at the efficient scale and charge a price above marginal cost

C. at the efficient scale and charge a price equal to marginal cost

D. With excess capacity and charge a price above marginal cost
Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.