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Refer to Figure 26

Question 63

Multiple Choice

Refer to Figure 26.3 for a monopolistically competitive firm.The output level that is allocatively efficient for this firm is A) Q<sub>1</sub>. B) Q<sub>2</sub>. C) Q<sub>3</sub>. D) Zero.The firm should shut down because it is not earning an economic profit. Refer to Figure 26.3 for a monopolistically competitive firm.The output level that is allocatively efficient for this firm is


A) Q1.
B) Q2.
C) Q3.
D) Zero.The firm should shut down because it is not earning an economic profit.

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