Question: solve the following Reflection Journal Question MC ATC 80 60 48 40 100 125 145 a. Explain clearly the profit maximising decision by the above

solve the following

Reflection Journal Question MC ATC 80 60 48 40 100 125 145 a. Explain clearly the profit maximising decision by the above oligopoly. Calculate and shade the profit and total cost clearly. b. Unlike a monopoly, in an oligopolistic market structure, there will be efficient allocation of resources. Discuss by using appropriate graphical analysis to justify your stand

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