Question: Please help me with the question. It's urgent. Also please draw and show if necessary: The figure below shows a monopolistically competitive market for a

Please help me with the question. It's urgent. Also please draw and show if necessary:

show if necessary: The figure below shows a monopolistically competitive market for

The figure below shows a monopolistically competitive market for a fictional brand of shampoo called SqueakyKleen. Price ($) 3.5 Tools 3.0 MC DWL 2.5 DWL 2.0 ATC 1.0 0.5 MR D 0 10 20 30 40 50 60 70 80 90 100110120 Bottles of shampoo (millions)Instructions: Round price values to two decimal places and quantity values to the nearest whole number. a. In the short run, the price of SqueakyKleen is $ 2 and the quantity is 30 b. The efficient price of SqueakyKleen is $ 1.50 and the efficient quantity is 45 c. What is the deadweight loss? Instructions: Use the tool provided (DWL) tool to draw the deadweight loss

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