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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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    Figure 10.12 -Refer to Figure 10.12.The Firm Represented in the Diagram
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Figure 10.12 -Refer to Figure 10.12.The Firm Represented in the Diagram

Question 66

Question 66

Multiple Choice

Figure 10.12 Figure 10.12   -Refer to Figure 10.12.The firm represented in the diagram A) makes zero economic profit. B) makes zero accounting profit. C) should exit the industry. D) should expand its output to take advantage of economies of scale.
-Refer to Figure 10.12.The firm represented in the diagram


A) makes zero economic profit.
B) makes zero accounting profit.
C) should exit the industry.
D) should expand its output to take advantage of economies of scale.

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