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Use the Figure Below to Answer the Following Questions

question 59

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions.    Figure 14.2.3 -Refer to Figure 14.2.3.Which demand curve does this monopolistically competitive firm face in the long run? A) demand curve D<sub>1</sub> B) demand curve D<sub>2</sub> C) either demand curve D<sub>1</sub> or D<sub>2</sub> D) neither demand curve D<sub>1</sub> nor demand curve D<sub>2</sub> E) Any demand curve is possible,including D<sub>1</sub> or D<sub>2</sub>. Figure 14.2.3
-Refer to Figure 14.2.3.Which demand curve does this monopolistically competitive firm face in the long run?


Definitions:

Primary Consumers

Organisms that feed on primary producers; they are usually herbivores that eat plants and algae.

Green Plants

Photosynthetic, plant organisms that contain chlorophyll and produce oxygen as a byproduct of photosynthesis.

Herbivores

Animals that primarily eat plants or plant-based materials.

Cultural Eutrophication

Over-enrichment caused by human activities, leading to excessive bacterial growth and oxygen depletion of a body of water.

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