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  3. Study Set
    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
  5. Question
    -Refer to the Graph Above
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-Refer to the Graph Above

Question 217

Question 217

Multiple Choice

  -Refer to the graph above.If regulators wanted this firm to earn only a normal profit,they would set the price equal to A)  $5.50. B)  $8.00. C)  $9.00. D)  $11.50. E)  either $5.50 or $11.50.
-Refer to the graph above.If regulators wanted this firm to earn only a normal profit,they would set the price equal to


A) $5.50.
B) $8.00.
C) $9.00.
D) $11.50.
E) either $5.50 or $11.50.

Correct Answer:

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