A monopolistic competitor produces 100 units of a good at a per-unit cost of $22. If it charges a price of $19 per unit of the good, it will ________

A) earn zero economic profits in the short run
B) incur a loss of $300 in the short run
C) earn a profit of $1,900 in the short run
D) incur a loss of $100 in the short run

B

Economics

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Which of the following allows monopolistically competitive firms to differentiate their products from competitors in a market?

a. Licensing b. Forming cartels c. Advertising d. Patenting

Economics

How much is the firm's loss per unit of output?

Economics