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Question 38: the characteristics of which of the following goods is best described as artificially scarce? Both, thank you! Question 39 (1 point) 32 30

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Question 38: the characteristics of which of the following goods is best described as "artificially scarce"? Both, thank you!

image text in transcribed
Question 39 (1 point) 32 30 28 MCH S per unit 10 0.5 1.5 2 2.5 3 3.5 4 4.5 5 5.5 6 6.5 Quantity of Output (q) Consider the cost curves of a firm in a perfectly contpetitive market shown above. If the market price is $18, the profit- maximizing quantity of output for this firm is: 4 5 3

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