5. Daniel owns a lawnmowing business in a perfectly competitive market. He charges $27 per lawn and mows 10 lawns per day. His total daily cost is $280, of which $30 is fixed cost. Should he shut down in the short run? Should he exit the market in the long run?
(A) Shut down in the short run and exit in the long run.
(B) Do not shut down in the short run and do not exit in the long run.
(C) Shut down in the short run but do not exit in the long run.
(D) Do not shut down in the short run but exit in the long run.