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Refer to the Diagram

Question 159

Multiple Choice

Refer to the diagram. In short-run equilibrium, the monopolistically competitive firm shown will set its price A) below ATC. B) above ATC. C) below MC. D) below MR. Refer to the diagram. In short-run equilibrium, the monopolistically competitive firm shown will set its price


A) below ATC.
B) above ATC.
C) below MC.
D) below MR.

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