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Figure 11-8 Figure 11-8 Shows Cost and Demand Curves for Curves

Question 116

Multiple Choice

Figure 11-8
Figure 11-8 Figure 11-8 shows cost and demand curves for a monopolistically competitive producer of iced tea. -Refer to Figure 11-8.What is the firm's profit-maximizing price? A) $12 B) $13 C) $14 D) $16 Figure 11-8 shows cost and demand curves for a monopolistically competitive producer of iced tea.
-Refer to Figure 11-8.What is the firm's profit-maximizing price?


A) $12
B) $13
C) $14
D) $16

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