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    Exam 16: Real-World Competition and Technology
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    Refer to the Graph Shown
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Refer to the Graph Shown

Question 85

Question 85

Multiple Choice

Refer to the graph shown. Refer to the graph shown.   If suppliers can reduce output from M to L, the remaining firms in the market that are still producing L will find that their revenues will rise by: A) area A. B) area B. C) area A, B, and C. D) area A, B, and D. If suppliers can reduce output from M to L, the remaining firms in the market that are still producing L will find that their revenues will rise by:


A) area A.
B) area B.
C) area A, B, and C.
D) area A, B, and D.

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