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🔴 About This Video 🔴
This is the 7th part to the series on 'How to DRAW Microecons', we are moving on to Normal profits in Market Structure. Today we will look at how you can find normal profits made by a firm using the classic profit-maximizing diagram. Remember that normal profits occur when AR is equal to AC. Do check out the previous parts on subnormal and supernormal profits.
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