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1000 500 800 700 000 500 400 PRICE MC Demand 300 200 100 MR 5 10 15 20 25 30 35 40 45 50 55

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1000 500 800 700 000 500 400 PRICE MC Demand 300 200 100 MR 5 10 15 20 25 30 35 40 45 50 55 60 QUANTITY Refer to Figure 16-3. The maximum total short-run economic profit for the monopolistically competitive firm in this figure is Oa. $9,000. Ob. $ 24,000. Oc. -$3,000. Od. $3,000

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