The figure below shows demand, marginal revenue, and short-run cost curves for a monopoly: a. How much should the firm produce? What price should it charge? b. What is the firm’s profit (loss)? Should this firm produce or shut down? Explain. c. If the firm shuts down in the short run, how much will it lose?

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A: ANS : ( a ) ​​  ANS : ( b ) ​​  ANS : ( c ) ​​

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