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Use the Figure Below to Answer the Following Questions

Question 32

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.Assume this firm faces demand curve D<sub>2</sub>.To maximize economic profit,this firm in monopolistic competition will charge a price of ________ and produce an output of ________ units. A) $40;100 B) $90;220 C) $80;200 D) $55;140 E) $70;100 Figure 13.2.3
-Refer to Figure 13.2.3.Assume this firm faces demand curve D2.To maximize economic profit,this firm in monopolistic competition will charge a price of ________ and produce an output of ________ units.


A) $40;100
B) $90;220
C) $80;200
D) $55;140
E) $70;100

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