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The Figure Given Below Shows the Revenue and Cost Curves

Question 64

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The figure given below shows the revenue and cost curves of a monopolistically competitive firm.Figure 12.4
The figure given below shows the revenue and cost curves of a monopolistically competitive firm.Figure 12.4    MR: Marginal revenue curve ATC: Average total cost curve MC: Marginal cost curve -Oligopoly can arise from: A) diseconomies of scale in production. B) limited demand for a product in the market. C) government regulations. D) easy availability of the crucial inputs. E) reduction of trade barriers. MR: Marginal revenue curve
ATC: Average total cost curve
MC: Marginal cost curve
-Oligopoly can arise from:


A) diseconomies of scale in production.
B) limited demand for a product in the market.
C) government regulations.
D) easy availability of the crucial inputs.
E) reduction of trade barriers.

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