Question: I need help answering this question as I got it wrong. Thank you! QUESTION 27 Revenue MC and cost (dollars per unit) $40 d MR

I need help answering this question as I got it wrong. Thank you!

I need help answering this question as I got it wrong. Thank

QUESTION 27 Revenue MC and cost (dollars per unit) $40 d MR ATC AVC i e O 55 100 150 200 Quantity The above figure shows cost and demand curves facing a typical rm in a perfectly competitive industry. In the short-run, the shut down price for the above firm is $ At a market price of $40, if this rm maximizes prots, prots will be $ This firm's fixed cost is $

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