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AP Microeconomics - Unit7: Micro-Imperfect Competition Please help answer the below questions. How do we analyze these graphs in the short-run AND the long-run? Make

AP Microeconomics - Unit7: Micro-Imperfect Competition

Please help answer the below questions.

  • How do we analyze these graphs in the short-run AND the long-run?
    • Make sure you are talking about the steps to analyze the difference between a profit, loss, and normal profit.
    • Which graph has a different long-run - WHY!

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