The monopolistically competitive firm represented in the graph is in: MC ATC $10 $8.50 $2 MR…

The monopolistically competitive firm represented in the graph is in: MC ATC $10 $8.50 $2 MR O long-run equilibrium since it is earning zero profit. O short-run equilibrium since it is earning zero proft. O short-run equilibrium, but not long-run equilibrium since it is earning positive economic profit O long-run equilibrium, but not short-run equilibrium since it is earning positive economic profit