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Assume this firm operates in a perfectly competitive market. Which of the following statements is true about the firm in the short run? It will

Assume this firm operates in a perfectly competitive market. Which of the following statements is true about the firm in the short run? It will earn normal or zero economic profit. It will earn negative economic profit equal to the area between price level P and ATC at the output quantity. It will earn negative economic profit equal to the area between price level P and the price level at B. It will earn positive economic profit equal to the area between price level P and AVC at the output quantity. It will earn positive economic profit equal to the area under price level P and the price level at A

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