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Based on the chart, what happens at a price P3 and an output of Q3? Multiple choice question. The firm incurs a loss but covers

Based on the chart, what happens at a price P3 and an output of Q3? Multiple choice question. The firm incurs a loss but covers part of its fixed cost. The firm earns an economic profit. The firm incurs a loss greater than its fixed cost and should shut down production. The firm earns a normal profit (breaks even)

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