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For a firm in a monopolistic competitive market P equals $ 1 5 at MR equals MC 4 Q equals 5 0 0 ABC equals

For a firm in a monopolistic competitive market P equals $15 at MR equals MC 4Q equals 500 ABC equals 17 QTFC equals $2500 firm is making profit firm operate loss of $500 market isn't in the long run equilibrium the firms shut down

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