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 $18.98 (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 $9.28 (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 $11.56 (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 $15 (black line). This firm is earning Hint Box 1: Select the best answer