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  3. Study Set
    Microeconomics Study Set 15
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    Exam 10: Monopolistic Competition : The Competitive Model in More Realistic Setting
  5. Question
    -Refer to Figure 10-4
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-Refer to Figure 10-4

Question 212

Question 212

Multiple Choice

  -Refer to Figure 10-4. What is the area that represents the loss made by the firm? A)  the area P<sub>0</sub>adP<sub>3</sub> B)  the area P<sub>1</sub>bcP<sub>2</sub> C)  the area P<sub>0</sub>acP<sub>2</sub> D)  the area P<sub>2</sub>cdP<sub>3</sub>
-Refer to Figure 10-4. What is the area that represents the loss made by the firm?


A) the area P0adP3
B) the area P1bcP2
C) the area P0acP2
D) the area P2cdP3

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