6) Refer to Figure 8-4. If the market price is $30 should thefirm represented in

6) Refer to Figure 8-4. If the market price is $30 should thefirm represented in the diagram continue to stay in business? a.Yes because it is covering part of its fixed cost. b. No itshould shut down because it cannot cover its variable cost. c. Yesbecause it is making a profit. d. No it should shut down becauseit is making a loss.