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Determine loss in curve of profit or loss on graph of cost

As is given figure below. Assume that the prevailing price is P1 and the firm is now producing its loss-minimizing quantity. Determine the area which shows the loss: w) P2deP1. x) P3cbP1. y) P3caP0. z) 0P1bQ1.

 

2240_Illustrating Profit or Loss on the Cost Curve Graph.png

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