If the market price is less than a perfectly competitive firm's average total cost,what sort of profit or loss is the firm earning?

Name: If the market price is less than a perfectly competitive firm's average total cost,what sort of profit or loss is the firm earning?
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The Answer of If the market price is less than a perfectly competitive firm's average total cost,what sort of profit or loss is the firm earning?

If the Market Price Is Less Than a Perfectly Competitive