Consider a monopolistically competitive market in which each firm in the market has a cost function given as C(q) = 1q + 29 + 1058. In the short-run, the residual demand curve for each firm is P(g) = 554 - 1q and each firm produces 138 units. In the long-run, the residual demand curve for each firm is P(g) = X - 1q and each firm produces 23 units. What is the value of X? O A. 97 OB. 96 XC. 90 *D. 94

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