If the price of the firm's product in Exhibit 8-3 is $1.50 per unit, which intersects AVC at point B, the firm should: a. continue to operate because it is earning a positive economic profit. b. stay in operation for the time being even though it is making a pure economic loss. c. shut down temporarily. d. shut down permanently.

Of the four types of discharge, firing a. results from an employee's poor performance⎯that is, from his or her failure to fulfill expectations. b. is for-cause dismissal⎯the result of employee theft, gross insubordination, release of proprietary information, and so on. c. usually refers to the temporary unemployment experienced by hourly employees and implies that they are "subject to recall."d. designates the permanent elimination of a job as a result of workforce reduction, plant closing, or departmental consolidation.