1) You are giving the following cost and revenue data for parking pickles,a perfectly competitive form at its current output level TR= $1,680 TFC = $525 MC =$18AFC= $5 AVC =$7a) is the firm making a profit or a loss? How much ?Is it profit or loss of $?b) is the firm producing the optimal output? If not ,should it produce more ,less,or none at all? Please right answers and full solution Please!!!!!

4 Check my work Output Cost mai gunna Total Cost Cost Total Cost $105 1 $ $ $ 135 2 155 eBook 185 220 275 334 449 a. Complete above the table. b. What is the shutdown price? Shutdown price: $ c. If the market price of the product is $55, what quantity will Marshall's Meats produce? What will be its profit or loss? Quantity: (Click to select) v : $ d. If the market price of the product is $20, what quantity will Marshall's Meats produce? What will be its profit or loss? Quantity: (Click to select) v : $ Next