​A Firm Sells 1000 Units Per Week

Multiple Choice

​A firm sells 1000 units per week.It charges $15 per unit,the average variable costs are $10,and the average costs are $25.In the long run,the firm should

A) ​Shut-down as the firm is making a loss of $10,000 per week
B) Shut-down as price is lower than average cost
C) Continue operating as the firm is covering all the variable costs and some of the fixed costs
D) ​Shut-down because it is cost effective to pay off the remaining fixed costs