Consider the monopolistically competitive market structure, which has some features of a competitive market and some features of a monopoly. Complete the following table by indicating if each attribute characterizes a competitive market, a monopolistically competitive market, both, or neither. Check all that apply. Attributes Competitive Market Monopolistically Competitive Market Price equals average total cost in the long run

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A: Q=100/N-P MR=100/N -2Q TC = 50 + Q2 MC= 2Q

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