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1. Figure 1 is the graph of a blankA. Perfect competitor B. MonopolyC. Oligopoly (not cutthroat)D. Monopolistic competitorE. Cutthroat oligopolyF. Could be either B, C,
1. Figure 1 is the graph of a blankA. Perfect competitor B. MonopolyC. Oligopoly (not cutthroat)D. Monopolistic competitorE. Cutthroat oligopolyF. Could be either B, C, or D2. The firm in figure 1 is:A. Breaking evenB. Making profit C. Taking a lossD. Cannot determine from the information given3. The amount of profit or loss is blank.4. This firm is in the blank.A. Short runB. Long runC. Intermediate runD. Cannot determine from the information given.
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