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Figure 16-4 -Refer to Figure 16-4.Panel B Is Consistent with a Firm

question 81

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Figure 16-4
Figure 16-4    -Refer to Figure 16-4.Panel b is consistent with a firm in a monopolistically competitive market that is A)  not in long-run equilibrium. B)  in long-run equilibrium. C)  producing its efficient scale of output. D)  earning a positive economic profit.
-Refer to Figure 16-4.Panel b is consistent with a firm in a monopolistically competitive market that is


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