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The following figure shows the cost curves for a price-taking firm. Price At a price of! *, this firm's prots will be 0 positive but
The following figure shows the cost curves for a price-taking firm. Price At a price of!\" *, this firm's prots will be 0 positive but smaller than area P*EFA. O negative. O positive but larger than area P*EFA. O positive and equal to area P*EFA
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