pls asap economics help

QUESTION 34 [Figure 03] 5 points Save Answer MC $22 ATC 18 16 AVC D = AR 0 = A MR Q 12 17 22 Refer to the above [Figure 03], which shows a monopolistically competitive firm. Answer the following questions. [5p] i) Profit-maximizing (or loss-minimizing) output level and price? ii) Consumers' total expenditures on the products produced by the above firm at the profit-maximizing quantity? iii) The amount of profits or losses at the profit-maximizing (or loss-minimizing) quantity? iv) The amount of consumer surplus at the profit-maximizing (or loss-minimizing) quantity? v) The figure shows a short-run equilibrium situation. In the long-run, what will happen to the firm-facing demand curve and then to the firm's profit level? Briefly explain the long-run adjustment process with a few sentences. (less than 4 sentences) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). IX X 1 q Q 5 x2 X2 ... 14px A v &v BIUS Paragraph Arial