Question: please answer the second question 2. Draw a correctly labeled graph showing a monopoly earning a profit. Show each of following on your graph; .

please answer the second question

2. Draw a correctly labeled graph showing a monopoly earning a profit. Show each of following on your graph; . Demand curve . MR curve . MC curve . ATC curve . Profit maximizing Q and P cast Pm- - - ATC DR Qm quantity MR Is the monopoly shown in the long run or the short run? Explain

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