When the price of a good is greater than the minimum point on the average total cost curve, the firm is experiencing a loss.

Name: When the price of a good is greater than the minimum point on the average total cost curve, the firm is experiencing a loss.
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When the price of a good is greater than the minimum point on the average total cost curve, the firm is making a profit because it is selling its product for more than the average cost of producing it.

When the Price of a Good Is Greater Than the Minimum