In graph A below shows the market demand and supply in a competitive market, and graph B shows the cost curves of a representative firm in that industry.     ​​​​​​​ a. What are the market equilibrium price and quantity?     Equilibrium price: $     Quantity traded: b. At equilibrium, what quantity is the firm producing? What is its total profit or loss? Leave no cells blank - be certain to enter "0" wherever required.     Quantity:

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