Suppose that a monopolistically competitive restaurant is currently serving 230 meals per day (the output where mr = mc). at that output level, atc per meal is $10 and consumers are willing to pay $12 per meal.
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Home » Business » Suppose that a monopolistically competitive restaurant is currently serving 230 meals per day (the output where mr = mc). at that output level, atc per meal is $10 and consumers are willing to pay $12 per meal.