Question: I am studying for my upcoming test and need help finding the correct answer with work given. Thank you :) 5) Assume firms are earning

I am studying for my upcoming test and need help finding the correct answer with work given. Thank you :)

5) Assume firms are earning a negative profit in the short term while still producing. What does this information tell you about the price relative to AVC and ATC? On a graph identify a price and corresponding quantity. and shade the prot/loss of the representative firm with negative prot. (8 points)

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