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    Microeconomics Study Set 44
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    Exam 15: Monopolistic Competition and Product Differentiation
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 19

Question 19

Multiple Choice

Use the following to answer question:
Figure: Monopolistic Competitor Use the following to answer question: Figure: Monopolistic Competitor   -(Figure: Monopolistic Competitor)  If the firm shown in the figure Monopolistic Competitor maximizes its returns, it will: A)  earn a positive economic profit. B)  break even. C)  incur a loss. D)  incur a loss equal to its MR.
-(Figure: Monopolistic Competitor) If the firm shown in the figure Monopolistic Competitor maximizes its returns, it will:


A) earn a positive economic profit.
B) break even.
C) incur a loss.
D) incur a loss equal to its MR.

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