The diagram below shows selected cost and revenue curves for a firm in a monopolistically competitive industry. 
FIGURE 11-1
-Refer to Figure 11-1.What price will this profit-maximizing firm set?
Definitions:
Blepharoptosis
A condition where there is drooping or falling of the upper eyelid.
Eyelid
A fold of skin that covers and protects the eye.
Macular Degeneration
A medical condition which may result in blurred or no vision in the center of the visual field due to damage to the macula.
Cataracts
A common eye condition where the lens of the eye becomes progressively opaque, leading to blurred vision.
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