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    Business
  3. Study Set
    Microeconomics Principles for a Changing World
  4. Exam
    Exam 10: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    If This Monopolistically Competitive Firm Maximizes Profits in the Short
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If This Monopolistically Competitive Firm Maximizes Profits in the Short

Question 33

Question 33

Multiple Choice

If this monopolistically competitive firm maximizes profits in the short run, it must price its good at
If this monopolistically competitive firm maximizes profits in the short run, it must price its good at   A)  $3. B)  $4. C)  $7. D)  $10.


A) $3.
B) $4.
C) $7.
D) $10.

Correct Answer:

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