Price per unit P4 MC ATCE Р. ATC2 ATC, 100 P D per time 0 Q, Q, QO4 Quantity MR a. If the firm is under the market struc

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Price per unit P4 MC ATCE Р. ATC2 ATC, 100 P D per time 0 Q, Q, QO4 Quantity MR a. If the firm is under the market struc

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Price per unit P4 MC ATCE Р. ATC2 ATC, 100 P D per time 0 Q, Q, QO4 Quantity MR a. If the firm is under the market structure of monopolistic competition and with the ATC1, what will happen in the long run? (4 marks) b. If the firm is under the market structure of monopolistic competition and with the ATC3, what will happen in the long run? (4 marks)
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