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Figure 7.1 -In Figure 7.1, the Profit Maximizing Output and Price for Price

Question 16

Multiple Choice

  Figure 7.1 -In Figure 7.1, the profit maximizing output and price for this monopolistic competitor is A)  80 and $11. B)  50 and $8. C)  60 and $9. D)  60 and $14. Figure 7.1
-In Figure 7.1, the profit maximizing output and price for this monopolistic competitor is


A) 80 and $11.
B) 50 and $8.
C) 60 and $9.
D) 60 and $14.

Correct Answer:

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