would some one help me with this one please?

1. Which curve is used to determine if a firm shuts down? a. ATC b. AVC Choose Answer c. MC d. AFC 2. Which curve is used to determine TR a. D b. MR Choose Answer c. MC d. FC 3. Quantity is found where a. ATC = MC Choose Answer b. TR is maximized c. ATC is minimized d. MC = MR 4. If a firm shuts down, how much money will it lose?d. MC = MR 4. If a firm shuts down, how much money will it lose? a. ATC x Q b. AFC x Q Choose Answer c. MC x Q d. AVC x Q 5. The point at which a firm makes no economic profit or loss is a. Shutdown point b. Marginal point Choose Answer c. Profitability point d. Break even point 6. A firm in a perfectly competitive market will have a price Where MR is maximized b. Slightly higher than the competition Choose Answer c. Slightly lower than the competition d. At the market price 7. Firms entering an industry will shift a. The market supply curve to the left b. The market supply curve to the right Choose Answer c. The firm supply curve to the left d. The firm supply curve to the right 8. In the situation of a long term economic loss, who will leave the industry first? a. The most efficient firms b. The average efficiency firms Choose Answer c. The least efficient firms d. No one will leave the market9. A situation in which the average firm breaks even, so the total number of firms does not change is a. Market efficiency Choose Answer b. Long-run Competitive Equilibrium c. Allocationficiency d. Economic Efficiency Continued Curve for Question 10. Firm Market10. In the curve above, the rm is in a situation of a. Economic loss b. Break Even Choose Answer c. Economic prot Use the curve Below and identify the points in Questions 11 & 12. 11. Identify the Break Even Point. Choose Answer 12. Identify the Shutdown Point Choose