Georgina has a profit-maximizing firm that produces 12 units of output and with revenues of $144 in perfect competition. The AVC is $14, AFC is $1. From this we know: The firm should shutdown in the short-run The firm should produce in the short-run despite losing $30 The firm should produce in the short-run as it is making $87 The firm should produce in the short-run as it is making $3 The firm should produce in the short-run despite losing $3 O The firm should produce in the short-run despite losing $44 O The firm should produce in the short-run despite losing money (but exit in the long-run)The marginal revenue for Lily's home made picnic blankets is $22 and costs are as shown below. TC O $10 $20 2 $25 $35 A $51 $75 $100 $128 8 $158 The marginal cost of the 6th blanket is: O $22 O $55 O $25 O - $3 O $100 O - $19 O $16.67The demand and cost curves reflect the economics of a monthly sewer connection - a natura monopoly. What regulated price would result in $0 economic profits? $900 $800 $400 $340 $200 atc $100 mc 200 250 700 600 O $200 O $900 O $340 O $100 O $400 O $800