The marginal costs (MC), average variable costs (AVC), and average total costs (ATC) for a monopolistically competitive firm are shown in the figure below. Price/Cost ($) 50- 40- 30- 20- 10- D MR 0- 0 10 20 Quantity reset MC ATC 40 50 Round your answers to the nearest whole number. Use a negative sign if necessary. a. What is the firm's profit-maximizing output level? b. What price will the firm charge? $ units. Label this on the graph using the tool provided (Q). Label this on the graph using the tool provided (P). c. At the profit-maximizing price and quantity, profit is d. What will happen to this firm in the long-run? [In other words, will there be any changes, and if so, what are they?] e. Compared to the efficient outcome, this firm's quantity is (Click to select) and its price is (Click to select) : (Click to select) too low too high the same (Click to select) too low too high the same