Try another version of these questions The graph below shows cost curves for a firm operating in a perfectly competitive market. Suppose that the equilibrium price is $23 (black line). This firm is earning Hint Box 1: Select the best answer The graph below shows cost curves for a firm operating in a perfectly competitive market. Suppose that the equilibrium price is $16.66 (black line). This firm is earning Hint Box 1: Select the best answer The graph below shows cost curves for a firm operating in a perfectly competitive market. Suppose that the equilibrium price is $12.92 (black line). This firm is earning Hint Box 1: Select the best answer The graph below shows cost curves for a firm operating in a perfectly competitive market. Suppose that the equilibrium price is $20 (black line). This firm is earning Hint Box 1: Select the best answer