In the short run, a perfectly competitive firm earning negative econom

In the short run, a perfectly competitive firm earning negative economic profit

A) is on the downward-sloping portion of its AVC.
B) is at the minimum of its AVC.
C) is on the upward-sloping portion of its AVC.
D) is not operating on its AVC.
E) can be at any point on its AVC.

ANSWER

C