Which rectangle measures total profit

Reference no: EM131086559

In the following figure, if the monopoly firm facesATC1, which rectangle measures total profit? If themonopoly firm faces ATC2, what is total profit?What information would you need in order to knowwhether the monopoly firm will shut down or continueproducing in the short run? In the long run?

Reference no: EM131086559

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Which rectangle measures total profit : which rectangle measures total profit?

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