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Use the diagrams below to answer the following questions l[assume scale is same on all graphs} #1111! Fin-l '1' Inn-.2 A} Which of the rms
Use the diagrams below to answer the following questions l[assume scale is same on all graphs} #1111! Fin-l "'1' Inn-.2 A} Which of the rms above would continue to operate? [1 mark} and which would shut clown? [1 ma rlr} B] Which firm is operating at their "shut-down price\"?l1 mark] {1] Which firm is incurring the most prots? [1 mark] D] what feature of a perfectly competitive market creates a zero-profit long run equilibrium? [1 ma rk}
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