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Please help with this microeconomics question and label the axes, curves, equilibria, etc on the graph please. 3. Draw a graph that illustrates the determination

Please help with this microeconomics question and label the axes, curves, equilibria, etc on the graph please.

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3. Draw a graph that illustrates the determination of price and output for a perfectly competitive rm in the long run. In the same graph show how P and Q deviate from the outcome of a market with monopolistic competition in long-run equilibrium. Briey explain the key difference between the two market structures in terms of price and output determination

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