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    Microeconomics Study Set 8
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    Exam 10: Monopolistic Competition: The Competitive Model in a More Realistic
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    For a Profit-Maximising Monopolistically Competitive Firm, for the Last Unit
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For a Profit-Maximising Monopolistically Competitive Firm, for the Last Unit

Question 159

Question 159

True/False

For a profit-maximising monopolistically competitive firm, for the last unit sold, the marginal cost of production is less than the marginal benefit received by a customer from the purchase of that unit.

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