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-The Above Figure Shows the Demand and Cost Curves for a Firm

Question 209

Multiple Choice

-The above figure shows the demand and cost curves for a firm in monopolistic competition in the long run. The firm maximizes its profit by A) producing 4 units and charging a price of $15. B) producing 8 units and charging a price of $5. C) producing 16 units and charging a price of $10. D) None of the above answers is correct.
-The above figure shows the demand and cost curves for a firm in monopolistic competition in the long run. The firm maximizes its profit by


A) producing 4 units and charging a price of $15.
B) producing 8 units and charging a price of $5.
C) producing 16 units and charging a price of $10.
D) None of the above answers is correct.

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