6.a)Figure 8.7shows cost curves for Penny's Parasols, a perfectly competitive firm. At which of the point would Penny's Parasols be certain to close down?

Figure 8 -7 Dollars AVE Output 6.3) Figure 8.7 shows cost curves for Penny's Parasols, a perfectly competitive rm. At which of the point would Penny's Parasols be certain to close down? A, B, C, D, or E. Explain: 6. b) Figure 8.7 shows cost curves for Penny's Parasols, a perfectly competitive rm. At which point(s) would Penny's Parasols endure economic losses, but continue to produce in the short run? D, FY A, C, or E. Explain: 6.c) Which point in Figure 8.7 represents a break-even situation for a perfectly competitive rm? A, B, C, D, or E. Explain: 6.d) At which point in Figure 8.7 would a perfectly competitive rm earn the same prot, or suffer the same loss, by producing rather than by shutting down? A, B, C, D, or F. Explain: Choose and explain your answer above thoroughly--graphical, algebraically, numerically