Compare and contrast the three market models in terms of the profit-maximizing output level for each,the shutdown rule for each,and the probability of long-run economic profits being earned.

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The Answer of Compare and contrast the three market models in terms of the profit-maximizing output level for each,the shutdown rule for each,and the probability of long-run economic profits being earned.

Compare and Contrast the Three Market Models in Terms of the Profit-Maximizing