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Question 27

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Use the following to answer questions below : Use the following to answer questions below : -Refer to the kinked demand graph. If an oligopolistic firm with constant unit cost equal to $60 faces this demand curve, then the firm will A) charge $60.00 per unit. B) charge $62.50 per unit. C) charge $65.00 per unit. D) None of the above is correct.
-Refer to the kinked demand graph. If an oligopolistic firm with constant unit cost equal to $60 faces this demand curve, then the firm will


A) charge $60.00 per unit.
B) charge $62.50 per unit.
C) charge $65.00 per unit.
D) None of the above is correct.

Correct Answer:

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