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QUESTION 5 Consider the kinked demand curve model shown below. MC, and MC2 are two different marginal costs (MC). D MC P3 MR, MCI P2
QUESTION 5 Consider the kinked demand curve model shown below. MC, and MC2 are two different marginal costs (MC). D MC P3 MR, MCI P2 G P1 D. Q1 MR, If MC = MC , we would predict that the price will be O A. P1. O B. P2. O C. P3. O D. none of the above
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