This monopolistic competitor produces Q0 units and is demonstrated: (w) earning total profit equal to 0PbQ. (x) as a price taker. (y) setting price equal to marginal revenue. (z) in long-run equilibrium.
![1068_problem on Monopolistic Competition.png](https://secure.tutorsglobe.com/CMSImages/1068_problem%20on%20Monopolistic%20Competition.png)
Please guys help to solve this problem of Economics with some explanation.