consider the following data: equilibrium price = $12, quantity of output produced = 50 units, average total cost = $9 and average variable cost = $8. what will the firm do and why? O shut down in the short run, since it is taking a loss of $150 continue to produce in the short run, since firms are always stuck with having to produce in the short run O shut down in the short run, since average total cost is greater than everage variable cost continue to produce in the short run since price is greater than average variable cost