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The Following Figure Shows the Cost Curves of Firm That

Question 54

Multiple Choice

The following figure shows the cost curves of firm that operates in a monopolistic competition market, as well as the demand (D) facing this firm and its marginal revenue (MR) .
The following figure shows the cost curves of firm that operates in a monopolistic competition market, as well as the demand (D) facing this firm and its marginal revenue (MR) . -Refer to the figure above.How much profit does this firm make in the short run? A) $5 B) $8 C) $4.50 D) $0
-Refer to the figure above.How much profit does this firm make in the short run?


A) $5
B) $8
C) $4.50
D) $0

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