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The following graph plots daily cost curves for a firm operating in the competitive market for instant pots. o O 100 70 60 50 40

The following graph plots daily cost curves for a firm operating in the competitive market for instant pots.

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o O 100 70 60 50 40 30 10 TC AVC MC 10 15 20 25 30 35 40 QUANTITY (Thousands of instant pots) 45 50

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