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(2 pt) Given the information in the table below and assuming monopolistic competition, is this firm in equilibrium? Please explain your answer. Q Price ($)

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(2 pt) Given the information in the table below and assuming monopolistic competition, is this firm in equilibrium? Please explain your answer. Q Price ($) MR ($) MC ($) ATC ($) 0 20 10 16 16 8 8 20 12 8 3.66 6.64 30 8 0 4.55 12.66 40 4 -8 6.33 23.34 Edit View Insert Format Tools Table

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