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The Graph Shown Displays the Cost and Revenue Curves Associated

Question 20

Multiple Choice

The graph shown displays the cost and revenue curves associated with a monopolistically competitive firm. The graph shown displays the cost and revenue curves associated with a monopolistically competitive firm. This firm will produce _______ units and charge a price of _______. A) 60; $45 B) 80; $30 C) 80; $60 D) 90; $40 This firm will produce _______ units and charge a price of _______.


A) 60; $45
B) 80; $30
C) 80; $60
D) 90; $40

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