Question: 2.Q1_ I don't know how to do it. Section -2: Short Questions Section -2: Short Questions (Your answers should be brief and precise)u Question 1

Section -2: Short Questions (Your answers should be brief and precise)u Question 1 e Consider the graphs below, which depict a firm in a

2.Q1_ I don't know how to do it.

perfectly competitive market in long run equilibrium. Answer the questions that follow

(from a) to h). 20 100 o 200 400 600 Market 800

Section -2: Short Questions

Section -2: Short Questions (Your answers should be brief and precise)u Question 1 e Consider the graphs below, which depict a firm in a perfectly competitive market in long run equilibrium. Answer the questions that follow (from a) to h). 20 100 o 200 400 600 Market 800 1000 Quantity 1200 Suppty 100 1400 1600 Firm 160 140 TC 120 Quantity 12 14

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