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QUESTION 9 At the profit-maximizing output level, the perfectly-competitive firm shown in the graph below will experience that AR is the same thing as Price

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QUESTION 9 At the profit-maximizing output level, the perfectly-competitive firm shown in the graph below will experience that AR is the same thing as Price (P) Dollars MC per unit $40 - 36 ATC 32 28 D = MR = AR 24 - 20 AVC 16 12 100 150 200 250 O a loss of $3,200 O a profit of $1,600 O a profit of $1,200 O zero profit or loss

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