In 2020SP ECO 251 970IN: Chapter x Activity 44 _ Monopolistic Compe X *Homework Help - Q&A from Onl x + X C @ File | C:/Users/Caroline/Downloads/Activity%2044%20_%20Monopolistic%20Competition%20Graph.pdf Activity 44 _ Monopolistic Competition Graph.pdf 1/3 Unit 3 ACTIVITY 44 Monopolistic Competition 1. Use the graph Monopolistic Competition to answer the questions that follow. 3 m Dollars B MR Quantity a. At what level of output will this firm operate? b. What is marginal revenue at this level of output? c. What price will this firm charge for its product? d. The area of which rectangle is equal to total revenue? e. What is the firm's average total cost? f. The area of which rectangle is equal to the firm's total cost? g. Is the firm making profits or incurring losses? h. The area of which rectangle is equal to profits or losses