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please answer 8. (3 points) Answer following questions based on the graph below. MC. ATC 9 8 AVC CO N O 1 2 3 4

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8. (3 points) Answer following questions based on the graph below. MC. ATC 9 8 AVC CO N O 1 2 3 4 5 6 7 8 9 10 Quantity (in 1,000s) In what price range firm will produce with losses (loss minimization range)

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