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Suppose firm X is facing an exogenously given price, P0,and has found its profit maximizing output point Q0. Further, suppose that at this output, profits

Suppose firm X is facing an exogenously given price, P0,and has found its profit maximizing output point Q0. Further, suppose that at this output, profits are zero. An increase in fixed cost with no other changes to cost curves will result in which of the following?

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