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Monopolistic Competition Profit on the Graph
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Problem 6
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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 6
Problem 6
Given a graph where the profit-maximizing quantity is 60 units, the price is \$15, and the average total cost is \$10, what is the profit per unit?
A
\$10
B
\$15
C
\$5
D
\$0
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