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.Assuming this firm is producing its profit-maximizing level of output,what is the per-unit profit being earned by this firm?
Definitions:
Intermediate Steps
Actions or stages occurring between the initial and final phases of a process or sequence of events.
Heuristic
A approach to problem-solving that employs a practical method not guaranteed to be optimal or perfect, but sufficient for the immediate goals.
Lexical Analysis
The process of converting a sequence of characters into a sequence of tokens, often a preliminary step in the compilation or interpretation of programming languages.
Transformation
A thorough or dramatic change in form, appearance, or character.
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