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  3. Study Set
    Microeconomics Study Set 15
  4. Exam
    Exam 10: Monopolistic Competition : The Competitive Model in More Realistic Setting
  5. Question
    -Refer to Figure 10-12
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-Refer to Figure 10-12

Question 2

Question 2

Multiple Choice

  -Refer to Figure 10-12. What is the amount of excess capacity? A)  Q<sub>4</sub> - Q<sub>3</sub> units B)  Q<sub>4</sub> - Q<sub>2</sub> units C)  Q<sub>3</sub> - Q<sub>2</sub> units D)  Q<sub>3</sub> - Q<sub>1</sub> units
-Refer to Figure 10-12. What is the amount of excess capacity?


A) Q4 - Q3 units
B) Q4 - Q2 units
C) Q3 - Q2 units
D) Q3 - Q1 units

Correct Answer:

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