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    Principles of Microeconomics Study Set 11
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    Exam 10: Monopolistic Competition and Oligopoly
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    A Monopolistic Competitor Has the Following Information About Cost and Demand
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A Monopolistic Competitor Has the Following Information About Cost and Demand

Question 79

Question 79

Multiple Choice

A monopolistic competitor has the following information about cost and demand.
A monopolistic competitor has the following information about cost and demand.   What will this firm's profits equal in the long run? A)  -$55 B)  $0 C)  $250 D)  $280
What will this firm's profits equal in the long run?


A) -$55
B) $0
C) $250
D) $280

Correct Answer:

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