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Chris M.
Chris M., M.S.W. Social Work
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The graph depicts a monopolistically competitive firm Refer

Customer Question

The graph depicts a monopolistically competitive firm Refer to the above graph. In the short run, this monopolistically competitive firm will set price at: (Points : 2)


$65 and produce 45 units of output


$65 and produce 35 units of output


$50 and produce 35 units of output


$50 and produce 50 units of output

Submitted: 5 years ago.
Category: Homework
Expert:  Chris M. replied 5 years ago.
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Expert:  Chris M. replied 5 years ago.
Sorry, I misread this graph. The answer should be: $65 and produce 35 units of output.

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