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Please answer correct explain plz asap Don't answer by pen paper plz Assume that for an individual firm marginal cost equals average variable cost at

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Please answer correct explain plz asap

Don't answer by pen paper plz

image text in transcribed
Assume that for an individual firm marginal cost equals average variable cost at $6. Furthermore, marginal cost equals average total cost at $10. If the current price is $12, then the firm will operate Multiple Choice at a loss. O where economic profits are negative O at a point where firms will leave the market. O where economic profits are positive

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