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Have in mind that the graph below shows a firm with market power. In the graph, MC represents the overall firm's marginal costs, ATC depictsthe
Have in mind that the graph below shows a firm with market power. In the graph, MC represents the overall firm's marginal costs, ATC depictsthe average total costs, D shows the demand, and lastly, MR shows its marginal revenue. Based on this information and the graph itself, answer the following questions fully :
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