What does the curve imply about the firms economic profits, Microeconomics

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What does the curve imply about the firms economic profits

Problem

Suppose a competitive, profit-maximizing firm operates at a point where its short-run average cost curve is upward sloping. What does this imply about the firm's economic profits? If the profit-maximizing firm operates at a point where its short-run average cost curve is downward sloping, what does this imply about the firm's economic profits?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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