Question 14 1 pts American Idle sells hammocks in a perfectly competitive market. This year, the price of hammocks has fallen to $28, and Simon Cowbell, the manager of American Idle, is trying to decide what to do. He discovers that his average variable cost (AVC) is $25. average total cost (ATC) is $30, and marginal cost is $28 and upward sloping. What should he do? O Stay open because price > AVC Shut down because p