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Author Question: The graph above shows a monopolistically competitive firm. Which of the following statements is true? (Read 150 times)

jhjkgdfhk

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on: May 24, 2019



The graph above shows a monopolistically competitive firm.  Which of the following statements is true?
◦ To maximize profit, the firm makes 80 units at a price of $80 per unit.
◦ The firm is operating in the long run.
◦ There is excess capacity of 40 units.
◦ To maximize profit, the firm makes 80 units at a price of $80 per unit, The firm is operating in the long run and There is excess capacity of 40 units are true statements.
◦ Only To maximize profit, the firm makes 80 units at a price of $80 per unit and The firm is operating in the long run are true.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jhjkgdfhk on May 24, 2019

morrie123456

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jhjkgdfhk

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Reply #2 on: May 24, 2019
TY


morrie123456

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Reply #3 on: May 24, 2019
You're welcome


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