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1. f 15 points} Cost Curves Consider the following cost function: 1 c[q}=2+q2+lq+2 {a} {5 points} U-ng the cost function provided. Find the price range for which the rm should shutdown. (For fullcredit, show you: work} {b} (5 points} The following diagram shows the AVG, ATG and MG curves of the cost function described above. Using your result from part {a} and the graph, identii},r the price range where the rm makes a negative prots but should not shutdown in the shortrun. $ $12.12 [c] {5 points} If the shortrun equilibrium price is in the price range that you found in part {b} Do you expect rms to enter or exit the market in the longrun? What will he the longrun equilibrium price? {Explain}