(Figure: Costs and Demand for a Monopolistic Competitor) The profits for the firm are: 
Definitions:
Other Paralegals
Individuals who assist lawyers by conducting legal research, drafting documents, and performing other tasks, but are not lawyers themselves.
Legal Research
The process of identifying and retrieving information necessary to support legal decision-making, including the study of statutes, case law, regulations, and legal literature.
Welfare Eligibility
The criteria that determine an individual's or family's qualification to receive government assistance benefits.
Loan Applications
Formal requests submitted by individuals or entities to borrow money from lenders, often requiring personal and financial information.
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