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Exhibit 24-8 Refer to Exhibit 24-8

Question 13

Multiple Choice

Exhibit 24-8 Exhibit 24-8 Refer to Exhibit 24-8.  A profit-maximizing monopolistic competitive firm that produces at the level of output where MR = MC will set the price at A) $210 per unit. B) $200 per unit. C) $120 per unit. D) $60 per unit. E) $50 per unit. Refer to Exhibit 24-8.  A profit-maximizing monopolistic competitive firm that produces at the level of output where MR = MC will set the price at


A) $210 per unit.
B) $200 per unit.
C) $120 per unit.
D) $60 per unit.
E) $50 per unit.

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