A Profit-Maximizing, Monopolistically Competitive Restaurant Serves 60 Burgers a Day

Multiple Choice

A profit-maximizing, monopolistically competitive restaurant serves 60 burgers a day at a total cost of $180 and earns a total profit of $180.In the long run, everything else equal, the

A) restaurant will charge more than $6 per burger.
B) restaurant's average total cost will rise and its total revenue will fall.
C) restaurant will sell more burgers at a lower average profit per burger.
D) All of the responses are correct.