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Figure: Costs and Demand for a Monopolistic Competitor (Figure

Question 95

Multiple Choice

Figure: Costs and Demand for a Monopolistic Competitor Figure: Costs and Demand for a Monopolistic Competitor (Figure: Costs and Demand for a Monopolistic Competitor) What Price should the firm charge? A) $15 B) $10 C) The firm cannot be profitable, so the price is zero. D) The firm is a price maker, so it should charge $20. (Figure: Costs and Demand for a Monopolistic Competitor) What
Price should the firm charge?


A) $15
B) $10
C) The firm cannot be profitable, so the price is zero.
D) The firm is a price maker, so it should charge $20.

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