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-Kevin Owns a Personal Training Gymnasium in Orlando

Question 97

Multiple Choice

  -Kevin owns a personal training gymnasium in Orlando.The above figure shows the demand and cost curves for his firm,which competes in a monopolistically competitive market.What price will Kevin charge per session? A)  $100 B)  $60 C)  $40 D)  $20 E)  $80
-Kevin owns a personal training gymnasium in Orlando.The above figure shows the demand and cost curves for his firm,which competes in a monopolistically competitive market.What price will Kevin charge per session?


A) $100
B) $60
C) $40
D) $20
E) $80

Correct Answer:

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