Question 7 A taco stand in a monopolistically competitive market faces a demand curve for tacos given by P = 12 - 0.50 (and so a marginal revenue of MR = 12 - Q). The variable costs of producing a taco are VC = 2Q and so the marginal costs are constant at $2. If the taco stand is in a long-run equilibrium, what must its fixed costs be? $50 O $20 O $7 O $70 O $2 > A Moving to another question will save this response