Refer to the above figure If the price is $4, what will happen in the short run Note that the quantity is measured in thousands O The firm eams a profit of $4000 and will exit the market O The firm ears a profit of $4000 and produces a positive amount of output The firm eams a profit of $1000 and ...

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Refer to the above figure. If the price is $4, what will happen in the short-run?...

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Refer to the above figure. If the price is $4, what will happen in the short-run?...

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