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    International Economics Study Set 9
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    Exam 6: Increasing Returns to Scale and Monopolistic Competition
  5. Question
    (Figure: Costs and Demand for a Monopolistic Competitor) What Price
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(Figure: Costs and Demand for a Monopolistic Competitor) What Price

Question 74

Question 74

Multiple Choice

(Figure: Costs and Demand for a Monopolistic Competitor) What price should the firm charge?

(Figure: Costs and Demand for a Monopolistic Competitor)  What price should the firm charge?     A)  $15 B)  $10 C)  a price greater than $15 D)  The firm cannot be profitable, so the price is zero.


A) $15
B) $10
C) a price greater than $15
D) The firm cannot be profitable, so the price is zero.

Correct Answer:

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