A firm in monopolistic competition is trying to decide whether or not to differentiate it's product by staying open 24 hours. The firm should stay open if
a. it is the only firm that is open for 24 hours.
b. its earning a positive profit.
c. the average revenue from a 24 hour day exceeds the average cost.
d. the marginal revenue from the extra hours of business exceeds the marginal cost.



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