If A Monopolistically Competitive Firm Is Producing 450 Units Of Output And At T

If a monopolistically competitive firm is producing 450 units of output and at this output​ level, the price is​ $15 and the average total cost is​ $12, the firm​ profit/loss is equal to​ ________.

A.

​$1,350

B. -​$1,525

C.

-​$1,350

D.

​$1,525

 

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