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    Microeconomics Study Set 44
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    Exam 12: Perfect Competition and the Supply Curve
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 222

Question 222

Multiple Choice

Use the following to answer questions: Use the following to answer questions:   -(Table: Cherry Farm)  Look at the table Cherry Farm. At what price will the industry be in long-run equilibrium? A)  $2 B)  $3 C)  $4 D)  $5
-(Table: Cherry Farm) Look at the table Cherry Farm. At what price will the industry be in long-run equilibrium?


A) $2
B) $3
C) $4
D) $5

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