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Profit or Loss ATC PRICE (Dollars per romper) 2 AVC MC where is the profit or loss section? 10 18 20 QUANTITY (Thousands of rompers
Profit or Loss ATC PRICE (Dollars per romper) 2 AVC MC where is the profit or loss section? 10 18 20 QUANTITY (Thousands of rompers per day) In the short run, given a market price equal to $15 per romper, the firm should produce a daily quantity of rompers. On the preceding graph, use the blue rectangle (circle symbols) to fill in the area that represents profit or loss of the firm given the market price of $15 and the quantity of production from your previous answer. Note: In the following question, enter a positive number regardless of whether the firm earns a profit or incurs a loss. The rectangular area represents a short-run _ of $ thousand per day for the firm
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