This firm would shut down in the long run if the price:

This firm would shut down in the long run if the price:

150 150 Support

Refer to the accompanying figure to answer the questions that follow.

Capture #4.PNG

This firm would shut down in the long run if the price:

fell below $3.

fell below $8.

rose above $5.

rose above $8.

fell below $5.

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