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Can someone help me graph this please and thankyou. Suppose that a firm produces wall calendars in a monopolistically competitive market. The following graph shows

Can someone help me graph this please and thankyou.

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Suppose that a firm produces wall calendars in a monopolistically competitive market. The following graph shows its demand curve (Demand), marginal revenue curve (MR), marginal cost curve (MC), and average total cost curve (ATC). Assume that all firms in the industry face the same cost structure. Place the tan point (dash symbol) on the graph to indicate the long-run monopolistically competitive equilibrium price and quantity for this firm. Next, place the red point (cross symbol) to indicate the point at which this firm would produce in the long run if it operated in a perfectly competitive market. (Dashed drop lines will automatically extend to both axes for each point.) PRICE (Dollars per calendar] 20 MC MonComp Outcome 18 16 PC Outcome 14 ATC 12 10 Demand MR 0 20 40 60 80 100 120 140 160 180 200 QUANTITY [Thousands of calendars per month| Help Clear All Because this market is a monopolistically competitive market, the firm's average total cost in long-run equilibrium is the average total cost it would achieve as a firm operating in a perfectly competitive market

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