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a. Bedu Firm is in a monopolistic competition market. Under optimal condition, the Firm produces 25 units of output and sells it at a price

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a. Bedu Firm is in a monopolistic competition market. Under optimal condition, the Firm produces 25 units of output and sells it at a price of $256.25. With the cost function of C = 0.25Q2 + 6,250, where C and Q are the rm's cost and level of output, respectively, should Bedu Firm stay or exit the market in the long run? Explain and use graphic illustrations to support your explanation. (10 points)

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