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P P4 F G P3 H L K P2 L M N R P1 MC = AC D Q3 Q2 Q1 Q MR If the

P P4 F G P3 H L K P2 L M N R P1 MC = AC D Q3 Q2 Q1 Q MR If the diagram represents a monopoly market, profit maximization would occur at O Q1 O Q3 O Q2 OO

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