Multiple Choice
Use the figure below to answer the following question.
Figure 14.2.7
-Refer to Figure 14.2.7. The figure shows the demand, marginal revenue, and cost curves for a monopolistically competitive firm in the long run. The firm has excess capacity of
A) 4 units.
B) 8 units.
C) 16 units.
D) $10.
E) $5.
Correct Answer:

Verified
Correct Answer:
Verified
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