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Refer to the information provided in Figure 9.2 below to answer the questions that follow. $4 MC Price per unit 13 ATC 13 D

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Refer to the information provided in Figure 9.2 below to answer the questions that follow. $4 MC Price per unit 13 ATC 13 D AVC C 7 B 4 A Units of output 9 Figure 9.2 Refer to Figure 9.2. This firm will if price is between $7 and $13. continue to operate in the short run, but incur an economic loss shut down in the short run, but operate in the long run shut down earn an economic profit

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