Question: Please help with this practice question. This is the full question. costs be? A t-shirt store in a monopolistically competitive market faces a demand curve

Please help with this practice question. This is the full question.

costs be? A t-shirt store in a monopolistically competitive market faces a demand curve for t-shirts given by P = 25 - 0.5Q (and so a marginal revenue of MR = 25 - Q). The variable costs of producing a t-shirt are VC = 3Q and so the marginal costs are constant at $3. If the t-shirt store is in a long-run equilibrium, what must its fixed O $418 O $66 O $242 O $308 O $14

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