Question: Perfect Competition Graph MC 2 ATC 2 c 1 ATC 1 P MR- 2 =AR=P V Firm 1. Draw the prot maximizing level of quantity

Perfect Competition Graph MC 2 ATC 2 c 1 ATC 1 P MR- 2 =AR=P V" Firm 1. Draw the prot maximizing level of quantity output for MC]. 2. Find the cost point and draw a dotted line to the price axis. 3. Draw a prot box, ll it in with diagonal lines then label it \"Prot.\" 4. Draw the prot maximizing level of quantity output for MCZ. 5. Find the cost point and draw a dotted line to the price axis. 6. Draw a loss box, ll it in with diagonal lines then label it \"Loss.\

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