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    Exam 14: Monopolistic Competition
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    -The Figure Above Shows the Situation Facing Smart Digit, Inc
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-The Figure Above Shows the Situation Facing Smart Digit, Inc

Question 33

Question 33

Multiple Choice

  -The figure above shows the situation facing Smart Digit, Inc., a firm in monopolistic competition that produces calculators. What is the firm's economic profit per day? A)  zero B)  between $1 and $700 C)  between $701 and $900 D)  more than $901
-The figure above shows the situation facing Smart Digit, Inc., a firm in monopolistic competition that produces calculators. What is the firm's economic profit per day?


A) zero
B) between $1 and $700
C) between $701 and $900
D) more than $901

Correct Answer:

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