Question: please solve D Question 9 1 pts You are told the following information for a perfectly competitive firm: It is producing at the output where

please solve

D Question 9 1 pts You are told the following information for a perfectly competitive firm: It is producing at the output where MR = MC, and at that output, P = ATC. Which of the following statements is correct? O The firm has an economic break even and should shut down in the short run. O The firm has an economic break even and should stay open in the short run. O The firm has an economic break even, but more information is needed to know if it should stay open or shut down in the short run

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