Figure: Monopolistic Competition II 
The monopolistically competitive firm in this diagram is in ______ equilibrium and charging a price of ______.
A) long-run; $14
B) short-run; $8
C) short-run; $11
D) long-run; $8
Correct Answer:
Verified
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A) MR
Q32: Monopolistically competitive firms are able to charge:
A)
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Q34: Which of the following is/are TRUE?
I. A
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A) less than
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