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In your paper, based on the readings for the week and your calculations in the worksheet, answer the following question: Explain if the firm should

In your paper, based on the readings for the week and your calculations in the worksheet, answer the following question: Explain if the firm should remain open or temporarily shut down when the price drops to $10. Discuss why firms in perfectly and monopolistically competitive markets stay in business despite having zero economic profit in the long run.In your paper, based on the readings for the week and your calculations in the worksheet, answer the following question: Explain if the firm should remain open or temporarily shut down when the price drops to $10. Discuss why firms in perfectly and monopolistically competitive markets stay in business despite having zero economic profit in the long run

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