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please help - bold answers Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations: Demand: Q

please help - bold answers

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Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations: Demand: Q = 2%\" . _ 24D Marginal Revenue: MR T 39 Total Cost: TC = 100 + 92 Marginal Cost: MC = 39 As N rises, the demand for each rm's product '7 . How many unils does each rm produce? a l '440 E N 40 F 40 4ON What price does each rm charge? & N E N 200N 240 N How much profit does each firm make? 8,000 N2 100+ 1,500 N2 9,600 N 100 5,400 N2 100 In the long run, firms will exist in this market

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