Use the Figure Below to Answer the Following Questions

question 36

Multiple Choice

Use the figure below to answer the following questions.

Figure 14.2.5
-Refer to Figure 14.2.5. The figure shows the situation facing Smart Digit, Inc., a firm in monopolistic competition that produces calculators. The firm's markup is ________ per calculator.

• A)zero
• B)$2
• C)$4
• D)$6
• E)$10

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Definitions:

News Media

Outlets and platforms that gather, report, and disseminate news to the public, including newspapers, television, radio, and online sources.

Message Of Appreciation

A communication expressing gratitude or thanks to someone for their actions, support, or contribution.

Specific Circumstances

Particular conditions or situations that affect an event, decision, or process.

Routine Replies

Standard or typical responses given to frequently asked questions or common situations in communication.