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Refer to the Given Data

Question 161

Multiple Choice

Refer to the given data. This firm is selling its product in A) an imperfectly competitive market at prices that decline as sales increase. B) a purely competitive market at $3 per unit. C) a purely competitive market at $2 per unit. D) an imperfectly competitive market at $3 per unit. Refer to the given data. This firm is selling its product in


A) an imperfectly competitive market at prices that decline as sales increase.
B) a purely competitive market at $3 per unit.
C) a purely competitive market at $2 per unit.
D) an imperfectly competitive market at $3 per unit.

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