economic

1-Consider the table below, which gives information on a firm currently operating in monopolistic competition.

a. Fill out the columns and graph the demand, marginal revenue, marginal cost, and average total cost curves.

b. What is the profit-maximizing quantity, and what price does this firm charge? Explain how you arrived at your answer.

c. Is this market in long-run equilibrium? If yes, explain why. If no, explain what will happen over time to bring the market into long-run equilibrium.

2-According to a study by the American Association of University Women, about

40% of full-time faculty nationwide were women, yet they made up only 22% of faculty in computer and information sciences, 19% of mathematics faculty, and 12% of engineering faculty. What factors might explain why women are underrepresented in these fields? Explain in 3-4 sentences.