for this firm is represented by the area . Figure 7-5 shows cost and revenue curves...

Question

Question

for this firm is represented by the area . Figure 7-5 shows cost and revenue curves for a perfectly competitive firm. The sho

Answer 1

Answer #1

E. Loss, PABP1

Explanation:

Price is below ATC. So it is making loss.

The area of PABP1 shows that loss.

Answer 2

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