A firm in a competitive market has the following cost structure: 
If the market price is $4,this firm will
A) produce two units in the short run and exit in the long run.
B) produce three units in the short run and exit in the long run.
C) produce four units in the short run and exit in the long run.
D) shut down in the short run and exit in the long run.
Correct Answer:
Verified
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