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Please make sure to use the blue rectangle to ) to shade the area representing the firm's profit or loss at the market price of
Please make sure to use the blue rectangle to ) to shade the area representing the firm's profit or loss at the market price of $70 per unit if the firm chooses to produce the profit-maximizing quantity of output. Also, please make sure to answer the questions under the graph that contain two fill in the blanks. The options for the first fill in the blank are earn profits and suffer losses. The options for the second fill in the blank are continue to operate and shut down. Pick one of each.
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