When P > ATC firms are operating at a loss in the short run operating with profit shutting downon 15 On the diagram below, Point * indicates the profit-maximizing production quantity. out of 140 Price / Cost question n ? 120 100 ATC MC 60 PRICE - - 0 - - - - - 00 D. 10 11 16 on 16 Monopoly power is the ability of a company to influence price by adjusting ed out of question15 On the diagram below, Point indicates the profit-maximizing production quantity. of 140 Price / Cost n ? Jestion 120 100 ATC MC BO 60 PRICE n . - - - 0- - - 20 - CO A 10 16 17Monopoly power is the ability of a company to influence price by adjusting advertising output resources