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-Refer to the Above Graph of the Representative Firm in Monopolistic

Question 3

Multiple Choice

-Refer to the above graph of the representative firm in monopolistic competition. Excess capacity for this firm would be calculated by: A) D - 0. B) E - C. C) E - D. D) D - C.
-Refer to the above graph of the representative firm in monopolistic competition. Excess capacity for this firm would be calculated by:


A) D - 0.
B) E - C.
C) E - D.
D) D - C.

Correct Answer:

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