In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variable cost.

Respuesta :

Answer:

Until Marginal Revenue = Marginal Cost

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

ACCESS MORE
EDU ACCESS