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    Micro economics 2
  4. Exam
    Exam 14: The Economics of Monopolistic Competition and Monopoly
  5. Question
    The Short Run Equilibrium Level of Output of the Monopolistic
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The Short Run Equilibrium Level of Output of the Monopolistic

Question 17

Question 17

Multiple Choice

The short run equilibrium level of output of the monopolistic competitor is given by


A) Price = MC
B) Price= AC
C) MC=MR
D) P=MR

Correct Answer:

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