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Answer the Question Based on the Demand and Cost Schedules

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Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below. Answer the question based on the demand and cost schedules for a monopolistically competitive firm given in the table below.   What price will this monopolistically competitive firm charge to maximize profits? A) $18 B) $16 C) $12 D) $10 What price will this monopolistically competitive firm charge to maximize profits?


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