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    Exam 13: Monopolistic Competition: the Competitive Model in a More Realistic Setting
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    Figure 13-7 -Refer to Figure 13-7.What Is the Area That Represents the That
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Figure 13-7 -Refer to Figure 13-7.What Is the Area That Represents the That

Question 90

Question 90

Multiple Choice

Figure 13-7 Figure 13-7   -Refer to Figure 13-7.What is the area that represents the firm's profit? A) profit = 0 B) P<sub>4</sub>edP<sub>2</sub> C) P<sub>4</sub>eaP<sub>1</sub> D) P<sub>3</sub>baP<sub>2</sub>
-Refer to Figure 13-7.What is the area that represents the firm's profit?


A) profit = 0
B) P4edP2
C) P4eaP1
D) P3baP2

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