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Which two curves are tangent to each other in amonopolistically competitive mark

ID: 1254160 • Letter: W

Question

Which two curves are tangent to each other in amonopolistically competitive market with zero economicprofit. a. Demand and average variable cost b.Demand and average total cost. c.Marginal revenue and average variable cost. d.Marginal revenue and average total cost. Which two curves are tangent to each other in amonopolistically competitive market with zero economicprofit. a. Demand and average variable cost b.Demand and average total cost. c.Marginal revenue and average variable cost. d.Marginal revenue and average total cost.

Explanation / Answer

B. DEMAND AND AVERAGE TOTAL COST

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