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Crest's demand curve, Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations: Demand: Q=240NP Marginal Revenue:

Crest's demand curve, Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations: Demand: Q=240NP Marginal Revenue: MR=240N3Q Total Cost: TC=100+Q2 Marginal Cost: MC=3

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