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AFC AVC ATC MC 125.00 21.25 146.25 21.25 62.50 20.00 82.50 18.75 41.66 18.75 60.41 16.25 31.25 17.8 49.06 15.00 25.00 17.50 42.50 16.25 20.84

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AFC AVC ATC MC 125.00 21.25 146.25 21.25 62.50 20.00 82.50 18.75 41.66 18.75 60.41 16.25 31.25 17.8 49.06 15.00 25.00 17.50 42.50 16.25 20.84 17.50 38.34 17.50 17.86 19.64 37.50 32.50 15.63 21.88 37.50 37.50 13.89 24.30 38.19 43.75 12.50 27.00 39.50 51.25 11.36 30.00 41.36 60.00 10.41 33.34 43.75 70.00 Refer to the above data. If the market price for the firm's product is $35, the competitive firm will: Multiple Choice O close down In the short run. O produce 4 units at a loss of $21.75 O produce 7 units at a loss of $17.50. O produce 6 units at a loss of $29.75

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