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 $14.19 (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 $8.56 (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 $21 (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 (black line). This firm is earning Hint Box 1: Select the best answer