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  3. Study Set
    Microeconomics Study Set 51
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    Exam 11: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    Exhibit 24-8 Refer to Exhibit 24-8
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Exhibit 24-8 Refer to Exhibit 24-8

Question 111

Question 111

Multiple Choice

Exhibit 24-8 Exhibit 24-8   Refer to Exhibit 24-8. The marginal cost of the last unit produced at the profit-maximizing output level equals A) $90. B) $40. C) $120. D) $50. Refer to Exhibit 24-8. The marginal cost of the last unit produced at the profit-maximizing output level equals


A) $90.
B) $40.
C) $120.
D) $50.

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