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6 Quiz navigation Graph A shows the market demand and supply in a perfectly competitive market. Graph B shows the cost curves of a representative

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6 Quiz navigation Graph A shows the market demand and supply in a perfectly competitive market. Graph B shows the cost curves of a representative profit-maximizing firm in that industry. 2 3 4 5 ut of Finish attempt -. ATC Time left 0:44:33 AVC Refer to the above figure to answer this question. Suppose that the industry demand was to increase by 3,000 units. At the new equilibrium, what will be the firm's total profit or loss? O a. Profit of $10.000. O b. Profit of $50. O c. Profit of $12,000. O d. The firm will break even. O e. Profit of $6,400

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