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Given the information above what would the companys fixed

A company produces a product in a monopolistically competitive market. The inverse demand curve for its product is P=60-0.5Q. Suppose the marginal cost for producing one product is 20. Given the information above, what would the company's fixed costs have to be for this industry to be in long-run equilibrium? Explain.

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Business Economics: Given the information above what would the companys fixed

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