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Question 1 of 5 This quiz: 5 point(s) possible This question: 1 point(s) possible The figure to the right shows cost and demand curves for

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Question 1 of 5 This quiz: 5 point(s) possible This question: 1 point(s) possible The figure to the right shows cost and demand curves for a monopolistically competitive producer Costs and of iced tea. revenue per case What is the firm's profit - maximizing price? 22 ATC O A. $12 16 O B. $13 O C. $14 Demand D. $16 MR 22 24 30 38 Quantity (cases)

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