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Price 10 76 4 MC ATC AVC Demand-MR-P 10 12 15 Quantity a. This firm will produce. units of output at a price of (2

Price 10 76 4 MC ATC AVC Demand-MR-P 10 12 15 Quantity a. This firm will produce. units of output at a price of (2 points) (2 points) b. The firm will earn a profit or loss (circle one) of c. What is the firm's short-run shut down price? (2 points) d. What is the long-run market equilibrium price and quantity? (2 points) e. What is the firm's profit or loss in the long run? (2 points) f. What kind of firm is this? (2 points)

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