Table 10.1 shows the output, price, and total cost for a monopolistic competitor. The profit-maximizing output for
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Question:
Table 10.1 shows the output, price, and total cost for a monopolistic competitor. The profit-maximizing output for the monopolistic competitor is _____.
Table 10.1.
Q | P | TC |
1 | $27 | $10 |
2 | 24 | 17 |
3 | 21 | 32 |
4 | 18 | 47 |
5 | 15 | 67 |
Group of answer choices
0 units
1 unit
3 units
5 units
2 unit
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