A monopolistic competitor has the following information about cost and demand.

If this industry was perfectly competitive, what price would the good sell for?
A) $15
B) $19
C) $21
D) $23

Question

A monopolistic competitor has the following information about cost and demand.

If this industry was perfectly competitive, what price would the good sell for?
A) $15 
B) $19 
C) $21 
D) $23

Quizplus · Accepted Answer

The Answer of A monopolistic competitor has the following information about cost and demand.

If this industry was perfectly competitive, what price would the good sell for?
A) $15 
B) $19 
C) $21 
D) $23

A Monopolistic Competitor Has the Following Information About Cost and Demand