This monopolistic competitor generates Q0 output where is: (1) MR = MC. (2) MSB > MSC. (3) average cost is not minimized. (4) P = ATC. (5) All of the above.
![1752_problem on Monopolistic Competition.png](https://secure.tutorsglobe.com/CMSImages/1752_problem%20on%20Monopolistic%20Competition.png)
Can anybody suggest me the proper explanation for given problem regarding Economics generally?