The diagram below shows the short-run cost curves for 3 perfectly competitive firms in the same industry. 
FIGURE 9-6
-Refer to Figure 9-6.Which of the following statements about Firms A,B and C is true?
A) Firm A is suffering losses,Firm B is breaking even,and Firm C is earning profits.
B) Firm A is breaking even,Firm B is suffering losses,and Firm C is earning profits.
C) Firm A is earning profits,Firm B is breaking even,and Firm C is suffering losses.
D) Firms A,B and C are breaking even.
E) Firms A,B and C are earning profits.
Correct Answer:
Verified
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