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Table 16-4 This Table Shows the Demand Schedule, Marginal Cost, and Average

Question 328

Multiple Choice

Table 16-4
This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm. Table 16-4 This table shows the demand schedule, marginal cost, and average total cost for a monopolistically competitive firm. -Refer to Table 16-4. If the government forces this firm to produce at its efficient output level, how much profit will this firm earn? A) a $12 loss B) a $13 profit C) a $25 profit D) a $32 profit
-Refer to Table 16-4. If the government forces this firm to produce at its efficient output level, how much profit will this firm earn?


A) a $12 loss
B) a $13 profit
C) a $25 profit
D) a $32 profit

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