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Title: The cost of producing each bottle of a certain brand of shampoo is $0.25. If the market for shampoo ... Post by: tuggy on May 23, 2017 The cost of producing each bottle of a certain brand of shampoo is $0.25. If the market for shampoo is monopolistically competitive and demand for shampoo is inelastic, a manufacturer who charges $0.35 for each bottle will ________.
A) shut down production in the short run B) exit the industry in the long run C) earn an economic profit of $0.10 per bottle D) earn a total revenue of $0.10 per bottle Title: Re: The cost of producing each bottle of a certain brand of shampoo is $0.25. If the market for ... Post by: Sudzbury on May 23, 2017 Content hidden
Title: Re: The cost of producing each bottle of a certain brand of shampoo is $0.25. If the market for shampoo ... Post by: tuggy on Jul 7, 2017 Thanks for answering correctly
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