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Figure 14-13 (b ) (a) Price Price Supplyo MC ITC Po Quantity Quantity Refer to Figure 14-13. When the market is in long-run equilibrium at

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Figure 14-13 (b ) (a) Price Price Supplyo MC ITC Po Quantity Quantity Refer to Figure 14-13. When the market is in long-run equilibrium at point A in panel (b), what will happen to the firm represented in panel (a)? It will have a zero economic profit. It will increase its output. It will exit the market. It will have a negative accounting profit

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