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The table shows various piece of cost information for a perfectly competitive firm. You've been hired to calculate some important numbers for them. Assuming there
The table shows various piece of cost information for a perfectly competitive firm. You've been hired to calculate some important numbers for them. Assuming there are no sunk costs, what is their shutdown price? Q F VC TC AFC AVC AC MC 0 200.00 0.00 200.00 - - - - 1 200.00 60.00 260.00 200.00 60.00 260.00 2 200.00 80.00 280.00 100.00 40.00 140.00 3 200.00 84.00 284.00 66.67 28.00 94.67 4 200.00 90.00 290.00 50.00 22.50 72.50 5 200.00 100.00 300.00 40.00 20.00 60.00 6 200.00 120.00 320.00 33.33 20.00 53.33 7 200.00 150.00 350.00 28.57 21.43 50.00 8 200.00 200.00 400.00 25.00 25.00 50.00 9 200.00 280.00 480.00 22.22 31.11 53.33 10 200.00 380.00 580.00 20.00 38.00 58.00 Group of answer choices 260 140 60 50
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