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Question 61

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Use the following to answer questions below:    -Refer to the graph of Market 2. A monopolistically competitive firm with the unit cost curves displayed in the graph would maximize profit by A)  charging $40 per unit of output. B)  charging approximately $62 per unit of output. C)  charging $70 per unit of output. D)  None of the above is correct.
-Refer to the graph of Market 2. A monopolistically competitive firm with the unit cost curves displayed in the graph would maximize profit by


A) charging $40 per unit of output.
B) charging approximately $62 per unit of output.
C) charging $70 per unit of output.
D) None of the above is correct.

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