Document1 - Word Alex Rosdail AR X File Home Insert Draw Design Layout References Mailings Review View Help Tell me what you want to do do Cut Find Calibri (Body) - 11 - A A Aa~ A AaBbCcDd AaBbCcDd AaBbCc AaBbCct AaB AaBbCCD AaBbCcDd AaBbCcDd Copy gac Replace 41 4 Paste Format Painter BI U~ abe X2 x AZA~ E 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Editor Select Clipboard Font Paragraph Styles Editing Editor Marginal Cost and Average Cost Functions Costs ATC MC,ATC,AVC AVC MC P3- P21 P1 10 20 30 Quantity a. Describe the production decision for the farm if the current market price is at P3. Determine if the firm would need to shut down and if profits are positive or negative. b. Describe the production decision for the farm if the current market price is at P2. Determine if the firm would need to shut down and if profits are positive or negative. C. Describe the production decision for the farm if the current market price is at P1. Determine if the firm would need to shut down and if profits are positive or negative. (Ctri) - Page 1 of 1 96 words Accessibility: Investigate Eo + 100% 33 P 9:39 PM Search w 11/17/2022