ECON 1508
Waldorf College
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ECON 1580 Introduction to Economics Final Exam 3
- Exam (elaborations) • 5 pages • 2022
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Home ► My courses ► ECON 1580 - AY2019-T4 ► Final Exam (Days 1 - 4) ► Final Exam 
Question 31 
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Question 32 
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In this exhibit (Prot Maximization for a Firm in Monopolistic Competition), 
suppose that an innovation reduces a rm's xed costs and reduces cost 
from ATC to ATC' before the innovation reduced the cost, the rm's 
maximum economic prot was: 
Select one: 
a. $0. 
b. $30. 
c. $750. 
d. $4,500...
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