Answer if it's true or false and how to do the graph. Their is also a another part to the question asking. monopolistically competitive markets may be socially inefficient, due to the presence of too many or too few firms, the presence of the ?"BLANK"Externally implies that there's too much entry a few firms in the market ? In the blank, it could either be business stealing or product variety. Also answer the true or false question. Thank you

Monopolistic Competition (Competitive Price-Searcher Markets) 100 90 Mon Comp Outcome 80 70 60 Min Unit Cost 50 PRICE (Dollars per razor) 40 ATC 30 10 AMC MR Demand 0 10 20 30 40 50 90 100 QUANTITY (Thousands of razors) Because this market is monopolistically competitive, you can tell that it is in long-run equilibrium by the fact that at th for each firm. Further, the quantity the firm produces in long-run equilibrium is the efficient scale. True or False: This indicates that there is excess capacity in the market for razors