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Draw a graph for a CwDP firm which faces a demand curve showing Q=0 at P=$12,...

Draw a graph for a CwDP firm which faces a demand curve showing Q=0 at P=$12, and Q=8 at P=$8, a SRMC curve which interests MR at Q=8, and SRATC=$6 at Q=8.

What level of output should this firm produce?

At that output would the firm make a profit, or loss?

How much per unit and in total?

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