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If a Monopolistically Competitive Firm's Demand Curve Is Shifting to the Left

Question 16

Multiple Choice

If a monopolistically competitive firm's demand curve is shifting to the left, it will stop shifting when:


A) price is equal to the firm's marginal cost.
B) price is equal to the firm's average total cost.
C) price is equal to that of a perfectly competitive firm.
D) there is no deadweight loss in the market.

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