Question: Please answer the questions step by step with an explanation and organize it properly. Make a chart if you have to. Use the equation with

Please answer the questions step by step with an explanation and organize it properly. Make a chart if you have to. Use the equation with the right numbers and help me please

Q9 Refer to the diagram given below for answering the questions given below. D What is the shut-down price and output? Why? I mark The short period supply curve begins at point A. Do you agree? Why? 1 mark Find the following gures at the prot maximizing level of output: 4 marks Output units = Price = TR TC = Prot = Find the following gures at the no loss, no prot level of output: 4 marks Output units = Price = TR = TC=

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1. What is the meaning of the information we are collecting?

3. How much information do we need to collect?