Question: Consider the graph below. Suppose qO = 7 5 0 , pO = $ 1 0 0 , and ATC = $ 6 0 at
Consider the graph below. Suppose qO pO $ and ATC $ at units. Is the profitmaximizing firm in an oligopoly market making a profit or loss, and by how much?a$ profitb.$ profitc.$ lossd.$ loss
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