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QR Assignment Graphically illustrate and explain the following: an individual competitive firm generates a profit. Be sure to identify and label all of the

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QR Assignment Graphically illustrate and explain the following: an individual competitive firm generates a profit. Be sure to identify and label all of the relevant points and areas on the graph, and explain the outcomes. Graphically illustrate and explain the following: an individual competitive firm incurs a loss but continues to operate. Be sure to identify and label all of the relevant points and areas on the graph, and explain the outcomes

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