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Which of the following is false regarding the above diagram? Group of answer choices This firm experiences a profit of $200 at equilibrium. This firm

Which of the following is false regarding the above diagram? Group of answer choices This firm experiences a profit of $200 at equilibrium. This firm would maximize profit by producing at a quantity of 20. In the long run, competitors will enter this market and firms will earn a positive economic profit. This firm charges a markup in price above marginal cost

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