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Question: if the firms average total cost curve is atc1 the...

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uestion 44 Figure 15-1 Price and cost per unit MC ATC2 ATC, Demand Q3 a Quantity MR Figure 15-1 above shows the demand and cost curves facing a monopolist. Refer to Figure 15-1. If the firms average total cost curve is ATC1, the firm will face competition make a profit. break even suffer a loss.

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