# 13 refer to figure 12 9 at price p 1 the firm would

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13) Refer to Figure 12-9. At price P 1 , the firm would 15) _____ A) break even. B) lose an amount equal to its fixed cost. C) lose an amount more than fixed cost. D) lose an amount less than fixed cost.
14) Refer to Figure 12-9. At price P 4 , the firm would 16) _____
15) Refer to Figure 12-9. At price P 1 , the firm would produce 17) _____
16) Refer to Figure 12-9. At price P 3 , the firm would 18) _____
17) Refer to Figure 12-9. At price P 3 , the firm would produce 19) _____ A) Q 2 units B) Q 3 units. C) Q 4 units. D) Q 5 units.
18) Refer to Figure 12-9. Identify the firm's short-run supply curve. 20) _____
19) Refer to Figure 12-9. At price P 4 , the firm would produce 21) _____ units.
20) Refer to Figure 12-9. At price P 2 , the firm would 22) _____
21) Refer to Figure 12-9. Identify the short-run shut down point for the firm. 23) _____ A) a B) b C) c D) d
22) Refer to Figure 12-9. At price P 2 , the firm would produce 24) _____