Solution: A firm has the following short-run demand and cost schedule for a particular product: Q = 200 - 5P TC = 400 + 4Q If this is a monopolistically
Question: A firm has the following short-run demand and cost schedule for a particular product:
Q = 200 - 5P
TC = 400 + 4Q
If this is a monopolistically competitive firm, what do you think would start to happen in the long-run? Explain.
Deliverable: Word Document 
![[Solution] A firm has the following short-run](/images/solutions/MC-solution-library-39911.jpg "[Solution] A firm has the following short-run demand and cost")
[Solution] A firm has the following short-run demand and cost
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![[Solution Library] What differentiates Perfect competition and](/images/solutions/MC-solution-library-39914.jpg "[Solution Library] What differentiates Perfect competition and Monopolistic")
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