Question: Please help with this practice question. A pie shop in a monopolistically competitive market has a demand curve for their pies given by P =

Please help with this practice question.

A pie shop in a monopolistically competitive market has a demand curve for their pies given by P = 35 - Q. The variable costs of producing a pie are given by the equation VC = SO and so the marginal costs are constant at MC = $5. If the pie restaurant is in a long-run equilibrium, what must its xed costs be? [Write answer without the dollar sign.)

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