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CPrevious The firm ACME. Inc. is facing losses, and needs to decide whether to shut down or keep producing. Determine which of the following scenarios should lead to the decisions to keep producing. Ofixed cost are greater than the revenue Othe market price or marginal revnue is greater than the minimum average variable cost Othe market price is greater than the total fixed cost Match each statement with the appropriate market structure: A. Monoplistic Competition B. Competitive Market C. Monopoly D. Oligopoly ? ~ 1. A market where a few large firms control the market 2. A structure where many firms sell similar, but not identical products | 3. A market structure with many firms selling identical products ? ~ 4. A market where only one firm is selling a product Which of the following characteristics belong to a perfectly competitive market? (Select all correct answers) O A. Large number of sellers and buyers D B. No control over price D C. Non identical products O D. Sellers are price makers