Homework #9 Table 16-3 A monopolistically competitive firm has the following cost structure: Output Total Cost (Units) (Dollars) 1 30 2 32 3 36 4 42 5 50 6 63 7 77 Refer to Table 16-3. The monopolistically competitive firm faces the following demand curve: Quantity Price (Units) (Dollars per unit) 1 20 2 18 3 15 4 12 5 9 6 7 7 4 If the government forces this firm to produce at its efficient scale, it will Oa. produce 7 units and lose $49. Ob. produce 5 units and lose $5. Oc. produce 4 units and make $6. Od. produce 3 units and make $9