-In the long run,the monopolistically competitive firm in Figure 11.3 would generate $ ________ of total revenue.

Name: -In the long run,the monopolistically competitive firm in Figure 11.3 would generate $ ________ of total revenue.
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In the long run, a monopolistically competitive firm will produce where marginal cost equals marginal revenue, and the price will be at the demand curve. The total revenue is calculated by multiplying this price by the quantity sold, which is given as $350 in the figure.

-In the Long Run,the Monopolistically Competitive Firm in Figure 11