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25 20 MC ATC Price and costs (dollars per unit) 15 10 5 . . . .. MR D 8 12 16 20 24 Quantity

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25 20 MC ATC Price and costs (dollars per unit) 15 10 5 . . . .. MR D 8 12 16 20 24 Quantity (units per day) The above figure shows the demand and cost curves for a monopoly. The firm is O making an economic profit. O making a normal profit. O incurring an economic loss. O More information is needed to determine the amount of the firm's profit

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