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The diagram below portrays: * MC ATC Price P MR 0 Q1 Q Q2 Quantity A. a competitive firm which should shut down in the

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The diagram below portrays: * MC ATC Price P MR 0 Q1 Q Q2 Quantity A. a competitive firm which should shut down in the short run. B. the equilibrium position of a competitive firm in the long run. C. a competitive firm which is realizing an economic profit. D. the loss-minimizing position of a competitive firm in the short run

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