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(a)What is the total revenue at the profit-maximizing quantity for this monopolistically competitive firm? (b) What is the total cost at the profit-maximizing quantity for

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(a)What is the total revenue at the profit-maximizing quantity for this monopolistically

competitive firm?

(b) What is the total cost at the profit-maximizing quantity for this monopolistically com-

petitive firm?

(c) How much economic profit is this firm earning?

(d) What is the amount of the mark-up price in this firm?

image text in transcribed

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