The graph contains the relevant cost curves for a perfectly (or purely) competitive firm. Move point A on the graph to the shutdown point. 1,000 MC 900 AT In order for the firm to carn positive economic profits the B00 AV price of the good must be above what value? 700 500 400 price of a good: $ E400 400.00 300 Incerrect 200 AF What is the shutdown price for this firm? 100 400.00 100 200 300 400 500 000 700 800 000 Quantity shutdown price: $ Incorrect

“ The graph contains the relevant cost curves for a perfectly (or purely) competitive firm. Move point A on the graph to the shutdown point. 1,000 MC 900 AT In order for the firm to carn positive economic profits the B00 AV price of the good must be above what value? 700 500 400 price of a good: $ E400 400.00 300 Incerrect 200 AF What is the shutdown price for this firm? 100 400.00 100 200 300 400 500 000 700 800 000 Quantity shutdown price: $ Incorrect ”