Refer to the above graph.It represents a monopolistically competitive firm in a constant-cost industry.The firm: A) will produce less than Q₀. B) will produce more than Q₀. C) is earning an economic profit at Q₀. D) is suffering an economic loss at Q₀.

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The Answer of Refer to the above graph.It represents a monopolistically competitive firm in a constant-cost industry.The firm: A) will produce less than Q₀. B) will produce more than Q₀. C) is earning an economic profit at Q₀. D) is suffering an economic loss at Q₀.

Refer to the Above Graph