The table below provides price, revenue, and cost information for a monopolistically competitive firm selling drive-through car washes in a large city.
a. Complete the table.
b. Plot the demand, marginal revenue, marginal cost, and average cost curves for the firm. (Be sure to plot MR and MC at the midpoint of the output intervals.)
c. What is the profit-maximizing number of car washes (per month)?
d. What is the profit-maximizing price?
e. Calculate the total maximum profit (per month).
f. How can this firm differentiate its product from other car washes?

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Quantity (number of Total Marginal Average Marginal car washes per month) Price Revenue Revenue Total Cost Total Cost Total Profit 1000 1100 1200 1300 1400 1500 1600 1700 1800 30 29 28 27 26 25 24 25.000 26 000 27 200 28 s00 30 000 32 200 35 000 38 500 43 000 22_