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Question 51 1 pts 1. Assume Figure 10.1 represents the conditions facing a monopolistically competitive firm in long-run equilibrium. Based on this information and the graph, what can you deduce about the ATC at the optimal output for the monopolistically competitive firm? Figure 10.1 MC 25 AVC 20 10 20 25 Q O ATC is equal to 35 O ATC is more than 40 O ATC is less than 20 O ATC is equal to 25 O ATC is equal to 20