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    Principles of Economics Study Set 8
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    Exam 16: Monopolistic Competition
  5. Question
    In the Long Run, a Monopolistically Competitive Firm Produces a Quantity
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In the Long Run, a Monopolistically Competitive Firm Produces a Quantity

Question 70

Question 70

Multiple Choice

In the long run, a monopolistically competitive firm produces a quantity that is


A) equal to the efficient scale.
B) less than the efficient scale.
C) greater than the efficient scale.
D) consistent with diseconomies of scale.

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