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Exhibit 9-2  a Monopolistic Competitive Firm to Maximize Long-Run Profits

Question 62

Multiple Choice

Exhibit 9-2  A monopolistic competitive firm Exhibit 9-2  A monopolistic competitive firm To maximize long-run profits, the monopolistically competitive firm shown in Exhibit 9-2 will charge a price per unit of: A) zero. B) $5. C) $10. D) $15. E) $20. To maximize long-run profits, the monopolistically competitive firm shown in Exhibit 9-2 will charge a price per unit of:


A) zero.
B) $5.
C) $10.
D) $15.
E) $20.

Correct Answer:

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