Economic profit at profit-maximizing output

HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. When HoloIMAGine produces its profit-maximizing output, this is demonstrated as: (w) operating in the long run. (x) realizing an economic profit equal to area P₃P₁cd. (y) operating irrationally since it must shut down. (z) incurring total variable costs equal to 0P₃dq₃.

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