The marginal cost curve shows the per-unit cost associated with various levels of output

A positively sloped long-run average total cost curve means there are economies of scale

Indicate whether the statement is true or false

Exhibit 9-2 A monopolistic competitive firm ? To maximize long-run profits, the monopolistically competitive firm shown in Exhibit 9-2 will charge a price per unit of:

A. zero. B. $5. C. $10. D. $15.