How does a monopolistical

How does a monopolistical

How does a monopolistically competitive firm determine its optimal price? Question 15 options:A) The firm’s pricing structure is set by government regulators.B) Graphically, it finds the place where MR = MC and charges the price directly to the left of that point.C) It accepts the price set by the industry-wide forces of supply and demandD) The firm determines its profit-maximizing output and then charges the price associated with the point on its demand curve directly above that quantity.

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