2. Costs and Revenue for RAM Auto Supply (RAM) Total Variable Average Average Total Quantity Total Cost Total Revenue Costs Variable Costs Costs 80 5000 8000 81 5050 8100 82 5125 8200 83 5225 8300 84 5350 8400 85 5500 8500 i . Calculate the TVC, AVC and ATC assuming that the fixed costs are 2000 ii. What is the price of the product for the above market? What type of market is RAM? Give reasons for your answer. iii. What type of profit does the firm earn at the profit maximization level? iv. At what price level will RAM shut down its operation