The gure to the right represents the cost structure for a perfectly competitive rm with its average total cost (ATC) curve, average variable (AVC) curve, and marginal cost (MC) curve. Fixed costs are $50.00. Suppose the market price is $13.00 per unit. Characterize the rm's prot. If the rm produces output, then it will |:|. Should the rm instead shut down in the short run? In the short run, the rm should C) A. shut down because price is less than average total cost. C) B. continue to produce because price is greater than average fixed cost. C) C. shut down because price is less than xed costs. (Q) D. continue to produce because price is less than average variable cost. C) E. shut down because price is less than average variable cost. Price and cost 30.00 28.00 26.00 24.00 22.00 20.00 18.00 16.00 14.00 12.00 10.00 8.00 6.00 4.00 2.00 0.00 MC ATC Quantity