FIGURE 8-1 -Refer to Figure 8-1.For Which of the Four Firms Would

Multiple Choice

FIGURE 8-1
-Refer to Figure 8-1.For which of the four firms would the family of short-run average total cost curves lie below the LRAC?

A) Firm A
B) Firm B
C) Firm C
D) Firm D
E) none of the four firms