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can u help with this pls Based on the two figures below, explain why a firm's profit depends on the price elasticity of demand for

can u help with this pls

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Based on the two figures below, explain why a firm's profit depends on the price elasticity of demand for the firm's product. 8,000 8,000 6,000 Marginal cost 6,000 Price, marginal cost ($) 4,000 Isoprofit curve: $36,360 Profit margin Price, marginal cost Profit margin 4,000 2.000 Demand curve 2.000 0 0 10 20 30 40 50 60 70 80 90 100 110 10 20 30 Quantity

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