Homework: Monopolistic Competition, Oligopoly, and Game Theory (Ch 11) Biack to bussignanent Kanp the Highont 2.3 i 4 2. Uevderstanding excess copacity The following table shows the daily oost data and demand schedule for a typical firm producing beard games in a monopolistically competirive market in thas short run. Fw in the vaiues in tho Marguai Cost, Total Revonwe, and Marguai Rovanue covumns in the followng tabie and then ansuor the quostions that follow. Under monopolistic competition, a typical firm will produce board yames at a price of por board game in the short run. Eased on pour calculstions, the firm will Fil in the Alvoroge Total Cost column in the previous woic. Eased on your calculations, the level of excess capacty in this monopolistically competitive market is