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24 . Short-run profit maximization, loss minimization The following table shows the daily cost data and demand schedule for a typical firm producing board games in a monopolistically competitive market in the short run. Fill in the values in the Marginal Cost, Total Revenue, Marginal Revenue, and Average Total Cost columns in the following table and then answer the questions that follow. Quantity Price Total Cost Marginal Cost Total Revenue Marginal Revenue Average Total Cost (Board games) (Dollars per game) (Dollars) ( Dollars) (Dollars) (Dollars) (Dollars) 40.00 12 39.00 20 W 36.00 27 28.00 32 22.00 55 16.00 78 11.00 105 6.00 160 Under monopolistic competition, a typical firm will produce board games at a price of $ per board game in the short run. Based on your calculations, the firm will