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Assume That the Short-Run Cost and Demand Data Given in the Tables

question 262

Multiple Choice

Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion. Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given product and engaged in a given amount of product promotion.   If the firm sells 2 units of output, marginal revenue will be A) $28. B) $44. C) $-4. D) $92. If the firm sells 2 units of output, marginal revenue will be


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