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Use the Figure Below to Answer the Following Questions

Question 37

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 14.2.3 -Refer to Figure 14.2.3.Assume this firm faces demand curve D<sub>1</sub>.To maximize economic profit,this firm in monopolistic competition will charge a price of ________ and produce an output of ________ units. A) $100;200 B) $90;220 C) $80;200 D) $70;100 E) $55;140 Figure 14.2.3
-Refer to Figure 14.2.3.Assume this firm faces demand curve D1.To maximize economic profit,this firm in monopolistic competition will charge a price of ________ and produce an output of ________ units.


A) $100;200
B) $90;220
C) $80;200
D) $70;100
E) $55;140

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