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I got stuck on this problem can anybody help? Refer to the following information about 3 hypothetical perfectly competitive forms' costs at their profit maximizing

I got stuck on this problem can anybody help?
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Refer to the following information about 3 hypothetical perfectly competitive forms' costs at their profit maximizing outputs. For each firm answer the listed questions. Firm 1 Firm 2 Firm 3 Price = $150 Price $150 Price = $150 ATC-$140 ATC $160 ATC - $160 AVC = $130 AVC - $130 AVC = $155 1. Will each of these firms earn economic profit, break-even or incur losses? Explain why and show your work. 2. Calculate the per-unit profit or loss if there is any for each firm. Show all your work. 3. Will each of these firms make a decision to continue production at the current output or will make a decision to shut-down? Explain why

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