Farley's Frozen Yogurt is a purely competitive firm that sells frozen yogurt cakes. The market price is $12 per cake. Assume that AVC is $8 per cake, AFC is $6 per cake, and Farley's sells 250 frozen yogurt cakes. a. Farley's Frozen Yogurt Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. check all that apply should shut down. should produce in the short run. will have a short-run loss. will have a normal profit. will have an economic profit.

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