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    Microeconomics Study Set 45
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    Exam 13: Monopolistic Competition
  5. Question
    Answer the Question Based on the Demand and Cost Schedules
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Answer the Question Based on the Demand and Cost Schedules

Question 4

Question 4

Multiple Choice

Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below. Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below.   At the profit-maximizing level of output, marginal revenue is A) $0. B) $8. C) $4. D) $5. At the profit-maximizing level of output, marginal revenue is


A) $0.
B) $8.
C) $4.
D) $5.

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