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Plot the break-even (normal profit) point and the horizontal price line that corresponds to the break-even point. Select which item you want to draw from

Plot the break-even (normal profit) point and the horizontal price line that corresponds to the break-even point.

Select which item you want to draw from the drop-down menu at the top of the graph to draw that item.

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A firm's ATC, AVC, and MC curves are shown in the graph below. Break-even Point 48- 42- Cost and revenues (dollars) AVC 36- 30- 24- 18- MC 12- 8 12 16 20 24 28 32 36 40 44 48 Reset Quantity supplied a) Plot the break-even (normal profit) point and the horizontal price line that corresponds to the break-even point. Select which item you want to draw from the drop-down menu at the top of the graph to draw that item. b) Plot the shut-down point and the horizontal price line that corresponds to the shut-down point. Select which item you want to draw from the drop-down menu at the top of the graph to draw that item.Question 2 [8 points] A firm's ATC, AVC, and MC curves are shown in the graph below. Break-even Point Break-even Point Break-even Price Shut-down Point Shut-down Price

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