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-The Above Figure Shows the Demand and Cost Curves for a Firm

Question 98

Multiple Choice

-The above figure shows the demand and cost curves for a firm in monopolistic competition. The firm maximizes its profit by A) producing 8 units at a price of $5 each. B) producing 8 units at a price of $15 each. C) producing 4 units at a price of $20 each. D) producing 12 units at a price of $10 each.
-The above figure shows the demand and cost curves for a firm in monopolistic competition. The firm maximizes its profit by


A) producing 8 units at a price of $5 each.
B) producing 8 units at a price of $15 each.
C) producing 4 units at a price of $20 each.
D) producing 12 units at a price of $10 each.

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