Assume that a Monopolistically Competitive firm faces the following situation: P = $17, output = 20,000 units, MC = $8, ATC = $17, AVC = $11 and MR = $8. Which of these statements is correct?

Assume that a Monopolistically Competitive firm faces the following situation: P = $21, output = 35,000 units, MC = $13, ATC = $16, AVC = $11 and MR = $13. Which of these statements is correct?

In the long run, if some existing firms choose to exit from a Monopolistically Competitive market, the demand curves for the output of the remaining firms will:

In the long run, when some existing firms choose to exit from a Monopolistically Competitive market:

Currently, the Banana Republic Clothing Store is charging a price of $70 for a pair of men’s skinny fit khaki pants. At that price, this company is able to sell 25 pairs of men’s skinny fit khaki pants per week. In order to sell the 26th pair of these pants, Banana Republic must lower its price to $68 per pair. Calculate the Marginal Revenue (MR) from selling the 26th pair of pants.

When the firm produces q* units of output, how much does it cost to produce the typical unit of output?

(You can evaluate the integral in any order.) _______

A 27-year-old woman presents with a chief complaint of burning and pain on urination. She has no previous history of urinary tract infection (UTI). What are some additional symptoms consistent with a diagnosis of lower UTI?

y=ln(cos3x)

Evaluate the integral.ln 3x dx