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Exhibit 10-3 a Monopolistic Competitive Firm in the Long Run

Question 91

Multiple Choice

Exhibit 10-3 A monopolistic competitive firm in the long run
Exhibit 10-3 A monopolistic competitive firm in the long run To maximize long-run profits, the monopolistically competitive firm shown in Exhibit 10-3 will charge a price per unit of: A) zero. B) $10 C) $20. D) $30.
To maximize long-run profits, the monopolistically competitive firm shown in Exhibit 10-3 will charge a price per unit of:


A) zero.
B) $10
C) $20.
D) $30.

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