"Firms in the monopolistically competitive movie industry face excess capacity. This means that there are movies than the output at which cost is minimized."

Fewer; average total

Explanation:

"Firms in the monopolistically competitive movie industry face excess capacity. This means that there are Fewer movies than the output at which average total cost is minimized."

Monopolistically competitive market: Monopolistic competition are defined as situation in market, wherein many seller or firm offer similar kind of product in the market, however, products are not close subtitute. There is low barrier to entry in these market. The monopolistic competitive firm choose a level of output, which is below its minimum efficient scale.

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;