Question...

A firm operating in the short run in a competitive market has the following cost structure: Output Total Cost ($) in in N This firm will shut down and exit the market if price falls below $4,75 This firm will shut down if price falls below $3.00 This firm will shut down and exit the market if price falls below $3.00 This firm will shut down if price falls below $4.75 This firm will shut down if price falls below $3.33 This firm will shut down and exit the market if price falls below $3.33