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b. At the profit-maximizing nrice and qua (Click to select) C ter Supply of this good Supply of substitute goods decr Demand for substitute goods

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b. At the profit-maximizing nrice and qua (Click to select) C ter Supply of this good Supply of substitute goods decr Demand for substitute goods Demand for this good Preva. Identify the prot-maximizing price and quantity and show total prot. Instructions: Use the tool provided 'Pt. A' to identify the prot-maximizing price and quantity. Then use the tool provided 'Prot' to Illustrate this area on the graph. Drag the points to move or resize. Your Graph Score: 1 00% Price $60 350 Pt. A Profit S40- $30 $20 31:} Quantity Instructions: Enter your answer as a whole number. If you are entering a negative number be sure to include a negative sign (-1 in front of that number. b. At the profit-maximizing price and quantity, profit is: $ 0. c. In the long run, other firms will exit a this market. Supply of this good 9 will decrease O and the price ofthis good will increase O

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