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Exhibit 24-6 Refer to Exhibit 24-6. the Monopolistic Competitor Is Producing __________

Question 73

Multiple Choice

Exhibit 24-6
Exhibit 24-6 Refer to Exhibit 24-6. The monopolistic competitor is producing __________ quantity of output and charging a price of __________. A) Q<sub>1</sub>; P<sub>3</sub> B) Q<sub>2</sub>; P<sub>3</sub> C) Q<sub>1</sub>; P<sub>2</sub> D) Q<sub>1</sub>; P<sub>1</sub> E) Q<sub>2</sub>; P<sub>1</sub>
Refer to Exhibit 24-6. The monopolistic competitor is producing __________ quantity of output and charging a price of __________.


A) Q1; P3
B) Q2; P3
C) Q1; P2
D) Q1; P1
E) Q2; P1

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