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Suppose a monopolistic competitor in long-run equilibrium has a constant marginal cost of $2 and faces the demand curve given in the following table: a. What output will the firm choose? Instructions: Enter your answer as a whole number. Output isÂ Â unit(s). b. What will be the monopolistic competitor Solution H ello Pal, F irst of all a very nice as well as intersting question from your side. S o now straight to the question, as asked above with all the information available from your side and from mine, the answer is as under: Q.1 A fter calculation of the above given information, we can conclude that the answer or the output will be 6 units. Q.2 A verage fixed cost is $ 1.5. T hat is all I can say from the above given information by you, hope have solved your problem to some extent. R egards. .

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Q.2 A verage fixed cost is $ 1.5.
T hat is all I can say from the above given information by you, hope have solved your problem to
some extent.
R egards.

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