Refer to the above figure. If the price is $4, what will happen in the short-run? Note that the quantity is measured in thousands. O The firm eams a profit of -$4000 and will exit the market. O The firm ears a profit of $4000 and produces a positive amount of output. The firm eams a profit of -$1000 and produces a positive amount of output. The firm eams a profit of -$1000 and will exit the market. 10 1 Price a 8- 00 4.5 7+ 6 s + 3.5 3 2- MC ATC AVC + 1 2 3 4 5 6 7 8 Quantity