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Use the Figure Below to Answer the Following Questions

Question 50

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 14.2.1 -Refer to Figure 14.2.1. If this firm is in monopolistic competition, then it will charge a price A) of $20 a unit. B) of $50 a unit. C) of $40 a unit. D) of $30 a unit. E) that is impossible to determine without information concerning the behaviour of the rival firms.
Figure 14.2.1
-Refer to Figure 14.2.1. If this firm is in monopolistic competition, then it will charge a price


A) of $20 a unit.
B) of $50 a unit.
C) of $40 a unit.
D) of $30 a unit.
E) that is impossible to determine without information concerning the behaviour of the rival firms.

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