help me this one

Question 29 (1 point) Suppose a firm with the usual U-shaped cost curves is producing a level of output such that its short run costs are as follows: ATC = $0.37 per unit AVC = $0.32 per unit AFC = $0.05 per unit MC = $0.43 per unit Given these short run costs, which of the following statements is true? The firm is operating with excess capacity. The firm is operating at capacity. The firm has no capacity constraints. The firm is operating above capacity. The firm is producing a level of output where capacity is increasing. Previous Page Next Page Page 29 of 37 Submit Quiz 15 of 37 questions saved