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Camden's Faker) i one of many thsxcn cafes serving a local community. Each cafe pruduces a slightly differentiated pmduel. there are no barriers to entry

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Camden's Faker) i\\ one of many thsxcn cafes serving a local community. Each cafe pruduces a slightly differentiated pmduel. there are no barriers to entry or exit. and the firm is in longrun equilibrium; la) Draw a correctly labeled graph showing Camden's demand curve. marginal revenue curve. marginal cost curve. and lung-run average total cost curve. Label Camden's protmaximizing output Om and its price Pm. (b) On your graph in pan (a). label the output at which total revenue is maximized QR. (c) Do rms in this market experience economies of scale. diseconomics of scale, or neither in long-run equilibrium? Explain

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