Question: 22 Question 19 0.1 pts Using graphs that show ATC, AVC, MC, P and MR, show the profit maximizing situation for a firm that is
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Question 19 0.1 pts Using graphs that show ATC, AVC, MC, P and MR, show the profit maximizing situation for a firm that is experiencing: a. short-run economic profits greater than zero. What will happen in the long run? b. short-run losses where P AVC. What will happen in the long run? c. losses where P
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