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Step by step instructions 4. (15) On the graphs below, demonstrate the circumstances that would prevail in a pe market where the representative firm is

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4. (15) On the graphs below, demonstrate the circumstances that would prevail in a pe market where the representative firm is experiencing economic losses and decs) and shade in t produce nothing in the short run. Mark this firm's profit maximizing output level (4 area of economic loss. and decides to shutdown and (q) and shade in the Market A Representative Firm S/Unit_

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