The figure above represents athinas pool supply store a, Business Economics

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The figure above represents athinas pool supply store a

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The figure above represents Athina's pool supply store, a monopolistic competitive firm. Explain your answers.

a) What quantity will be produced?

b) What price will be charged?

c) What is Athina's total cost?

d) What is Athina's total revenue?

e) What is Athina's economic profit or loss?

f) Is this a long-run equilibrium? Why or why not?

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