Refer to the accompanying graph to answer the following questions:
a.At what price levels would a firm make positive economic profits?
b.At what price level would a firm incurring economic losses continue to produce?
c.At what price level would a firm break even? 
Definitions:
Category Killer
A large retail store specializing in a particular product category, dominating the market and often driving smaller retailers out of business.
General Merchandise Store
Retail establishments offering a wide range of products from various categories including clothing, housewares, and groceries.
Value Outlet
A retail store that offers products at lower prices by reducing overhead costs and offering goods that provide value for money.
Focused Merchandise Stores
Retail outlets that specialize in a specific type of product or market niche, aimed at catering to specific customer needs.
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