(Figure: A Perfectly Competitive Firm in the Short Run) Use Figure: A Perfectly Competitive Firm in the Short Run.The minimum price that the firm must receive to produce in the short run is:

A) F.
B) E.
C) N.
D) P.

Minimum Price

A price floor set by the government, below which a product cannot be sold legally, aiming to ensure fair prices for producers.

Short Run

The short run is a time period in economics during which at least one input is fixed, limiting the ability of the economy or firm to adjust its output levels.