2. The table below gives the short-run total cost function for a typical wheat rm in a perfectly competitive industry. 0 uanti Produced of Wheat Total Cost in dollars [\\JN \\JO \\1 O a. What is the dollar value of the rm's Average Variable Cost when 4 brown paper bags are produced? b. If the price the rm receives for its product is $17 , indicate the rm's prot-maximizing quantity of output and explain how you determined your answer. c. Given your results in part (b), explain what will happen to the number of rms in the industry in the long run. d. Assume that this rm operates in a constant-cost industry. If the government imposes per-unit tax of $3 for those that operate in the brown paper bag industry, indicate what will happen to the rm's prot-maximizing output in the short run