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Monopolistic Competition Profit on the Graph
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Problem 10
Monopolistic Competition Profit on the Graph
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13. Monopolistic Competition / Monopolistic Competition Profit on the Graph / Problem 10
Problem 10
A firm identifies its profit-maximizing quantity at 90 units, with a price of \$22 and average total cost of \$18. What is the profit per unit?
A
\$10
B
\$4
C
\$2
D
\$6
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