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Answer choices: A. -$4,500 lossB. -$7,500 lossC. $4,500 profit D. $12,000 profit Consider the graph below. Suppose q0 = 300, po = $40, and ATC

Answer choices: A. -$4,500 lossB. -$7,500 lossC. $4,500 profit D. $12,000 profit

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Consider the graph below. Suppose q0 = 300, po = $40, and ATC = $25 at 300 units. Is the profit-maximizing firm in an oligopoly market making a profit or loss, and by how much? Price A S = MC ATC AVC MR = MC ATC AVC Firm Demand MR Quantity of Output Firm

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