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16. For this Short Run firms' costs, complete the following (6 points) T0 60 a. What is the equilibrium quantity? 50 Cost (dollars) 40 b.

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16. For this Short Run firms' costs, complete the following (6 points) T0 60 a. What is the equilibrium quantity? 50 Cost (dollars) 40 b. Add the AFC to the graph. 30 20 c. Select a curve of your choice, explain WHY it is shaped like it is? | . "T" 0 1 2 3 4 5 E i" 8 Quantity of output

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