Refer to the information provided in Figure 15.4 below to answer the question(s) that follow.
Figure 15.4
-Refer to Figure 15.4. Assume The Hand Made Shirt Shop has fixed costs of $75 and is a monopolistically competitive firm. To maximize profits in the short run, this firm should produce ________ personalized sweatshirts.
A) 0
B) 50
C) 70
D) 75
Correct Answer:
Verified
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