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Dennis makes and sells his own homemade ice cream. Suppose Dennis is part of a monopolistically competitive market. Demand for Dennis's ice cream is given

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Dennis makes and sells his own homemade ice cream. Suppose Dennis is part of a monopolistically competitive market. Demand for Dennis's ice cream is given by P = 80 - 8Q. Dennis's costs are TC = 80 + 20Q + 2Q2, and MC = 40 + 20, In the short-run, how much profit does Dennis make? 0 -$10 0 -$5 O $5 OSO O None of above

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