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Figure 14-10 Price ATC PA Pa P1 Quantity Q1 Q2 Q3 QA Refer to Figure 14-10. When market price is P1, which area represents a
Figure 14-10 Price ATC PA Pa P1 Quantity Q1 Q2 Q3 QA Refer to Figure 14-10. When market price is P1, which area represents a profit-maximizing firm's total profit or loss? O a) (P2 -P1) x Q2 ; profit O b) ( P2 - P1 ) * Q1 ; loss c) (P3 - P1) x Q2; loss O d) (P3 - P1) x Q1; profit
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