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The Table Below Summarizes the Information Possessed by a Firm

question 77

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The table below summarizes the information possessed by a firm in a monopolistically competitive market. Quantity demanded is in thousands of units.
The table below summarizes the information possessed by a firm in a monopolistically competitive market. Quantity demanded is in thousands of units. -Refer to the table above.If this market were perfectly competitive,the long-run equilibrium price would be ________. A) $2.00 higher B) $1.45 higher C) $1.10 lower D) $1.30 lower
-Refer to the table above.If this market were perfectly competitive,the long-run equilibrium price would be ________.

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