Draw a graph of the monopolistic competitor in the long run in the graph below.
Definitions:
Transnational Company
A corporation that operates and delivers products or services across national borders.
Multinational Venture
A business operation that involves participants from more than one country, engaging in international business activities.
Centrally Managed
Refers to organizations or systems where decision-making and control are concentrated at the top or central level.
Cross-Cultural Awareness
Cross-cultural awareness involves understanding and appreciating differences and similarities across cultures, crucial for effective communication and interaction in global settings.
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