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3) Fill in the table below to indicate whether the firm will operate with profit, operate with losses or shut-down in the short-run. All variables

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3) Fill in the table below to indicate whether the firm will "operate with profit", "operate with losses" or "shut-down" in the short-run. All variables are shown at an output level, q", where MR=MC . Operate with profit, or Operate with loss, or p(q AVC ATC (q Shut-down $ 10 $ 12 $ 15 $ 26 $20 $ 30 $ 10 $8 $14 $ 18 $8 $ 10 $ 20 $ 25 $ 28

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