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Question 169

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Use the following to answer questions:
Figure: A Rock Climbing Shoe Monopoly Use the following to answer questions: Figure: A Rock Climbing Shoe Monopoly -(Figure: A Rock Climbing Shoe Monopoly) Look at the figure A Rock Climbing Shoe Monopoly. If the firm acts to maximize profit, the firm will sell _____ pairs of shoes at _____ per pair. A) Q<sub>2</sub>; P<sub>1</sub> B) Q<sub>2</sub>; P<sub>5</sub> C) Q<sub>3</sub>; P<sub>2</sub> D) Q<sub>4</sub>; P<sub>3</sub>
-(Figure: A Rock Climbing Shoe Monopoly) Look at the figure A Rock Climbing Shoe Monopoly. If the firm acts to maximize profit, the firm will sell _____ pairs of shoes at _____ per pair.


A) Q2; P1
B) Q2; P5
C) Q3; P2
D) Q4; P3

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