Assume that in the short run a perfectly competitive firm does not produce output and has economic losses.This would occur if:
A.P = ATC and FC = 0.
B.P < AVC and FC > 0.
C.AVC > P > ATC and FC = 0.
D.AVC < P < ATC and FC >0.

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The Answer of Assume that in the short run a perfectly competitive firm does not produce output and has economic losses.This would occur if: A.P = ATC and FC = 0. B.P < AVC and FC > 0. C.AVC > P > ATC and FC = 0. D.AVC < P < ATC and FC >0.

Assume That in the Short Run a Perfectly Competitive Firm