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-The Above Figure Shows a Firm in Monopolistic Competition

Question 211

Multiple Choice

  -The above figure shows a firm in monopolistic competition. At the profit maximizing level of output, excess capacity for the firm is equal to A)  0 units per day. B)  4 units per day. C)  8 units per day. D)  16 units per day.
-The above figure shows a firm in monopolistic competition. At the profit maximizing level of output, excess capacity for the firm is equal to


A) 0 units per day.
B) 4 units per day.
C) 8 units per day.
D) 16 units per day.

Correct Answer:

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