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If the price in the market is below $2, the firm will no longer be covering its variable costs and will shut down. Question 7

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If the price in the market is below $2, the firm will no longer be covering its variable costs and will shut down. Question 7 0 / 1 pts P MC 7 ATC un N 6 8 9 12 q The above figure represents the cost curves for a perfectly competitive firm. Above what price will the firm be making positive economic profits

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