In the short run, a perfectly competitive firm earning negative economic profit is:
A) on the downward-sloping portion of its ATC curve.
B) at the minimum of its ATC curve.
C) on the upward-sloping portion of its ATC curve.
D) above its ATC curve.

Question

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The Answer of In the short run, a perfectly competitive firm earning negative economic profit is:
A) on the downward-sloping portion of its ATC curve.
B) at the minimum of its ATC curve.
C) on the upward-sloping portion of its ATC curve.
D) above its ATC curve.

In the Short Run, a Perfectly Competitive Firm Earning Negative