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    Exam 14: Monopolistic Competition
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    The Figure Shows the Demand Curve for Gap Jackets (D)
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The Figure Shows the Demand Curve for Gap Jackets (D)

Question 97

Question 97

Multiple Choice

  The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) . -In the figure above, Gap maximizes its profit if it charges ________ per jacket. A)  $100 B)  $95 C)  $75 D)  $120 The figure shows the demand curve for Gap jackets (D) , and Gap's marginal revenue curve (MR) , marginal cost curve (MC) , and average total cost curve (ATC) .
-In the figure above, Gap maximizes its profit if it charges ________ per jacket.


A) $100
B) $95
C) $75
D) $120

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