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    Economics Study Set 6
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    Exam 13: Monopolistic Competition: the Competitive Model in a More Realistic Setting
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    Figure 13-4 Shows Short-Run Cost and Demand Curves for a Monopolistically
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Figure 13-4 Shows Short-Run Cost and Demand Curves for a Monopolistically

Question 168

Question 168

Multiple Choice

  Figure 13-4 shows short-run cost and demand curves for a monopolistically competitive firm in the market for designer watches. -Refer to Figure 13-4.What is the area that represents the total revenue made by the firm? A) 0P0aQa B) 0P1bQa C) 0P2cQa D) 0P3dQa Figure 13-4 shows short-run cost and demand curves for a monopolistically competitive firm in the market for designer watches.
-Refer to Figure 13-4.What is the area that represents the total revenue made by the firm?


A) 0P0aQa
B) 0P1bQa
C) 0P2cQa
D) 0P3dQa

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