Use the following to answer question:
Figure: Possible Long-Run Outcome
-(Figure: Possible Long-Run Outcome) In the figure Possible Long-Run Outcome, which price and quantity refer to a potential long-run profit maximizing outcome for a firm producing in a monopolistically competitive market?

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Use the following to answer question:
Figure: Possible Long-Run Outcome

-(Figure: Possible Long-Run Outcome) In the figure Possible Long-Run Outcome, which price and quantity refer to a potential long-run profit maximizing outcome for a firm producing in a monopolistically competitive market?

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The Answer of Use the following to answer question: Figure: Possible Long-Run Outcome -(Figure: Possible Long-Run Outcome) In the figure Possible Long-Run Outcome, which price and quantity refer to a potential long-run profit maximizing outcome for a firm producing in a monopolistically competitive market? A) P₁ and Q₃ B) P₁ and Q₁ C) P₂ and Q₂ D) P₁ and Q₄

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