In the short run, a monopolistic competitor sets MR = MC. Option A
This is further explained below.
What is a monopolistic competitor?
Generally, There are numerous producers competing against one another in monopolistic competition, but their goods are distinct from one another, and as a result, they are not ideal replacements for one another. This sort of imperfect competition is known as monopolistic competition.
In conclusion, In the near term, a rival with monopolistic power ensures that MR equals MC. Alternative A
Read more about monopolistic competitors
https://brainly.com/question/28187802
#SPJ1
CQ
In the short run a monopolistic competitor
A. sets MR = MC.
B. produces where P = AC.
C. produces at minimum efficient scale.
D. sets P = MC.
