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Figure 7.6 -Using Figure 7.6, How Much Profit Would This Monopolistic Competitor

Question 72

Multiple Choice

  Figure 7.6 -Using Figure 7.6, how much profit would this monopolistic competitor earn if she were regulated by the government to produce 60 units and to charge a price corresponding to that quantity on the demand curve? A)  $0. B)  Less than $1000. C)  Between $1000 and $2000. D)  Over $2000. Figure 7.6
-Using Figure 7.6, how much profit would this monopolistic competitor earn if she were regulated by the government to produce 60 units and to charge a price corresponding to that quantity on the demand curve?


A) $0.
B) Less than $1000.
C) Between $1000 and $2000.
D) Over $2000.

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