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-In the Above Figure,a Perfectly Competitive Market Will Have a Price

Question 172

Multiple Choice

-In the above figure,a perfectly competitive market will have a price of ________,and a single-price monopoly will have a price of ________. A) P1 and quantity of Q1; P2 and quantity of Q2 B) P2 and quantity of Q2; P1 and quantity of Q1 C) P3 and quantity of Q3; P1 and quantity of Q1 D) P2 and quantity of Q2; P3 and quantity of Q1 E) P2 and quantity of Q1; P1 and quantity of Q1
-In the above figure,a perfectly competitive market will have a price of ________,and a single-price monopoly will have a price of ________.


A) P1 and quantity of Q1; P2 and quantity of Q2
B) P2 and quantity of Q2; P1 and quantity of Q1
C) P3 and quantity of Q3; P1 and quantity of Q1
D) P2 and quantity of Q2; P3 and quantity of Q1
E) P2 and quantity of Q1; P1 and quantity of Q1

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