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

Then, in the long run equilibrium, the firm will sell this good at what price?
A) $5
B) $7
C) $10
D) $14

Question

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

Then, in the long run equilibrium, the firm will sell this good at what price?
A) $5 
B) $7 
C) $10 
D) $14

Quizplus · Accepted Answer

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

Then, in the long run equilibrium, the firm will sell this good at what price?
A) $5 
B) $7 
C) $10 
D) $14

A Monopolistic Competitor Has the Following Information About Cost and Demand