-The monopolistic competitor in Figure 11-4 will maximize its economic profits,or minimize its losses,by
A)producing 100 units of output and charging $200
B)producing 100 units of output and charging slightly more than $300
C)producing 125 units of output and charging $300
D)shutting down,since it has greater losses at any level of production than at zero
E)producing approximately 180 units of output and charging approximately $225

Question

-The monopolistic competitor in Figure 11-4 will maximize its economic profits,or minimize its losses,by
A)producing 100 units of output and charging $200 
B)producing 100 units of output and charging slightly more than $300 
C)producing 125 units of output and charging $300 
D)shutting down,since it has greater losses at any level of production than at zero 
E)producing approximately 180 units of output and charging approximately $225

Quizplus · Accepted Answer

The Answer of 
-The monopolistic competitor in Figure 11-4 will maximize its economic profits,or minimize its losses,by
A)producing 100 units of output and charging $200 
B)producing 100 units of output and charging slightly more than $300 
C)producing 125 units of output and charging $300 
D)shutting down,since it has greater losses at any level of production than at zero 
E)producing approximately 180 units of output and charging approximately $225

-The Monopolistic Competitor in Figure 11-4 Will Maximize Its Economic