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The graph below depicts the demand curve (D), the marginal revenue curve (MR), the marginal cost curve (MC) and the average total cost curve (ATC)

The graph below depicts the demand curve (D), the marginal revenue curve (MR), the marginal cost curve (MC) and the average total cost curve (ATC) of a firm with market power.

Price (in $) 70 60 50 40 30 MC = ATC 20 10 MR D O 10 20 30 40 50 60 70 Quantity -D MR - MC=ATC

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