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In the graph to the right, the monopoly is O A. making either profits or losses. We cannot tell without more information. MC O B.
In the graph to the right, the monopoly is O A. making either profits or losses. We cannot tell without more information. MC O B. breaking even. O C. making accounting profits, but economic losses. ATC O D. making economic profits. . . . Price, ATC, MC .. ... MR D QQ Q3 Quantity (per month)
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