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Finder DOCX Resu O File Edit View Go Window Help Fri Apr 12 4.51 PM ng.cengage.com MindTap - Cengage Learning Cengage Learning CENGAGE I MINDTAP Module Six Quiz Course Hero Q Search this course Richard HOME PROFILE ORDERS RENTALS COURSES Study Tools 5 . How short-run profit or losses induce entry or exit Citrus Scooters is a company that manufactures electric scooters in a monopolistically competitive market. The following graph shows the demand curve, marginal revenue curve (MR), marginal cost curve (MC), and average total cost curve (ATC) for Citrus. Place the black point (plus symbol) on the graph to indicate the short-run profit-maximizing price and quantity for this monopolistically competitive company. Then, use the green rectangle (triangle symbols) to shade the area representing the company's profit or loss. College Success Tips Career Success Tips Help SIGN OUT 500 450 400 S 350 300 e 250 200 150 100 50 TC c Demand 50 100 150 200 250 300 350 400 450 500 Monopolistically Competitive Outcome Profit or Loss 40