Quantity Average Fixed Cost Average Total ….

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Quantity	Average Fixed Cost	Average Total Cost	Marginal Cost
0	–	–	–
1	80.00	100.00	20
2	40.00	58.00	17
3	26.66	44.00	15
4	20.00	36.25	13
5	16.00	31.40	12
6	13.33	28.33	13
7	11.42	26.29	14
8	10.00	26.13	25
9	8.88	26.56	30
10	8.00	27.30	34
11	7.27	28.45	40
12	6.66	30.00	47
13	6.15	31.92	55

Refer the table, if price is Rs. 26, the perfectly competitive firm will

Options :-

1. shut down in the short run
2. produce 8 units at an economic loss of Rs. 9
3. produce 9 units at an economic loss of Rs. 5
4. produce 8 units at an economic loss of Rs. 1.04

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