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Based on the graph below answer the following questions: what market structure represents the ATC curve? Why? (1.5 marks) Price (dollars per ride) 16 -

Based on the graph below answer the following questions: what market structure represents the ATC curve? Why? (1.5 marks) Price (dollars per ride) 16 - -5- ATC Ion 15 13 40 80 120 160 200 Quantity (rides per day)

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