Question: Question 2. Complete the table below. Quantity Price Total Cost Profit Marginal Revenue Marginal Cost 100 80 60 40 20 0 80 40 Total Revenue

Question 2. Complete the table below. Quantity

Question 2. Complete the table below. Quantity Price Total Cost Profit Marginal Revenue Marginal Cost 100 80 60 40 20 0 80 40 Total Revenue U 7500 2400 2400 1600 0 0 20 40 60 80 100 3.000 2.600 2 200 1 800 1.400 0 . 70 20 20 20 20 200 600 200 -1000 -3000 -40 -80 a Calculate the profit-maximizing output, price, and profit Sistemas the marginale dunia, the programming price and the profili 1500 b. Will other firms enter this market and compete with this firm? Since there is a profit in the current market station, the firm can enter into the market. c. Sketch a graph showing long run equilibrium in monopolistic competition

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