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give me solution (15 MC ATC AVC Q1 Q2 Q3 Q4 Qs The diagram above shows the set of short run cost curves for a

give me solution
(15 MC ATC AVC Q1 Q2 Q3 Q4 Qs The diagram above shows the set of short run cost curves for a company in a perfectly competitive market. a) If the market price is P1, what quantity will this firm produce, and will it make a profit or a loss? Answer: b) Should the firm keep producing or shut down in part (a)? Answer: c) If the market price is Pa. what quantity will this firm produce at and will it make a profit or a loss

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