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    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
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    -Refer to the Data Above
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-Refer to the Data Above

Question 57

Question 57

Multiple Choice

  -Refer to the data above.Assume that firm M acquires firm L.After the merger,firm M has an average total cost of __________,while firm N has an average total cost of __________. A)  $143;$150 B)  $125;$150 C)  $150;$125 D)  $143;$143 E)  $153;$150
-Refer to the data above.Assume that firm M acquires firm L.After the merger,firm M has an average total cost of __________,while firm N has an average total cost of __________.


A) $143;$150
B) $125;$150
C) $150;$125
D) $143;$143
E) $153;$150

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