Part III: ACDC Econ Video - watch https://www.youtube.com/watch?v=Z9e_7j9WzA0 11. Label the following graph with the MC,

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Part Iii Acdc Econ Video Watch Https Www Youtube Com Watch V Z9e 7j9wza0 11 Label The Following Graph With The Mc 1 (84.35 KiB) Viewed 89 times

Part III: ACDC Econ Video - watch 11. Label the following graph with the MC, ATC, MRDARP: Price MC ATC P MRDA RP Q Quantity 12. According to ACDC, what does MR DARP stand for? Marginal revenue, demand, average revenue, price 13. According to the graph above, is the company making a profit, breaking even, or a loss? How do you know? 14. What happens if the ATC is below the MR line? Draw what this would look like. 15. What happens if the ATC is above the MR line? Draw what this would look like. following: