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Use the Figure Below to Answer the Following Questions

Question 110

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 13.2.3 -Refer to Figure 13.2.3.Which demand curve does this monopolistically competitive firm face in the long run? A) demand curve D<sub>1</sub> B) demand curve D<sub>2</sub> C) either demand curve D<sub>1</sub> or D<sub>2</sub> D) neither demand curve D<sub>1</sub> nor demand curve D<sub>2</sub> E) Any demand curve is possible,including D<sub>1</sub> or D<sub>2</sub>. Figure 13.2.3
-Refer to Figure 13.2.3.Which demand curve does this monopolistically competitive firm face in the long run?


A) demand curve D1
B) demand curve D2
C) either demand curve D1 or D2
D) neither demand curve D1 nor demand curve D2
E) Any demand curve is possible,including D1 or D2.

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