Business, 30.07.2021 04:00 1230bering

A monopolistically competitive firm is producing at a short-run output level where average total cost is $10.00, marginal cost is $5.00, marginal revenue is $6.00, and price is $12.00. In the short run, the firm should Group of answer choices decrease the level of output. increase the level of output. make no change in the level of output. increase product price.

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