Question: Exercise 3 From the following graph determine: 1 - What Q * * and P * * that give abnormal profit to the firm ?

Exercise 3
From the following graph determine:
1- What Q** and P** that give abnormal profit to the firm ?
2- What Q** and P** that give normal profit to the firm?
3- At which price and Quantity the firm can continue even it has loss?
4- What is the shutdown price?
Exercise 3 From the following graph determine: 1

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