Perfect competition short-run loss graph with blank labels (worksheet)

An example figure from the Cost and Revenue Curves generator.

Graph of Price and costs against Quantity with no numbers on the axes and every label a blank line: red MC, green ATC and purple AVC curves, each with a blank at its end, and a blue horizontal price line with a blank, between the lowest points of AVC and ATC. MC meets the price line at a dot with a dashed line down to a blank on the quantity axis. A red rectangle with a blank inside lies between the price line and a dashed line at ATC, and the price and ATC each have a blank at the price axis. Arrows from two more blanks point to dots at the lowest points of AVC and ATC. — A perfectly competitive firm making a short-run loss, with every label a blank line for students to fill in. The price line sits between the lowest points of AVC and ATC; the firm produces where the price line meets MC, and the shaded rectangle between the price and ATC out to that quantity is the loss. The blanks are for the four lines, the price, ATC and quantity at the axes, the loss, and the shutdown and break-even points.

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