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Short-Run Marginal Cost ATC AVC Q 1Q3 Q Refer to Figure 8-7. When the market price equals P5, what output should the firm produce? 26,

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Short-Run Marginal Cost ATC AVC Q 1Q3 Q Refer to Figure 8-7. When the market price equals P5, what output should the firm produce? 26, operating at a loss Qs, earning an economic profit O Qs, operating at a loss 26, earning a positive economic profit

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