Refer to the information provided in Figure 15.5 below to answer the question(s) that follow.
Figure 15.5
-Refer to Figure 15.5. Assume the Custom Sweater Shop has fixed costs of $275 and is a monopolistically competitive firm. To maximize profits in the short run, this firm should produce ________ personalized sweaters.
A) 0
B) 50
C) 75
D) 100
Correct Answer:
Verified
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