(18 pts) (2 pts ea) The Short run Costs Graph Marginal $80 Cost, MC $65 $55 ATC $45 $40 AVC $35 $30 $25 $20 60 90 120 140 180 225 255 330 Qs, Q output Use graph above for questions 3 to 11: For each retail $Price for large Organic Pizzas, tell the optimal Quantity, Qs, that the firm should sell in the short run. Also indicate if the firm will make a Profit, Loss, or neither ("break even") in each case. 3. If the retail $Price is currently $55, Q sold = Firm has a (profit/loss): 4. If the retail $Price is currently $35, Q sold = Firm has a (profit/loss): 5. If the retail $Price is currently $65, Q sold = Firm has a (profit/loss): 6. If the retail $Price is currently $40, Q sold = Firm has a (profit/loss): 7. If the retail $Price is currently $80, Q sold = Firm has a (profit/loss): 8. If the retail $Price is currently $25,Q sold = Firm has a (profit/loss): 9. If the retail $Price is currently $30, Q sold = Firm has a (profit/loss): 10. Which Price line (on the Graph above) shows the BREAKEVEN Point? 11. Which Price line (on the Graph above) shows the SHUTDOWN Point