(24 points) Penny's Purses is a profit maximizing firm that manufactures ladies' purses in a competitive market. This firm has a small amount of fixed cost ($200 per day) which it must incur regardless of the level of production. The variable cost, consisting of materials and labor changes along with production levels. Please fill in the entries in the following cost table, then use the table values to answer questions 31-42. Total Total Average Average Production Variable Fixed Total Marginal Total Variable Quantity Cost Cost Cost Cost Cost Cost (purses/day) ($ ($) ($) ($/purse) ($/purse) ($/purse) 0 0 $200 $200 ---- 20 240 $200 40 420 $200 60 540 $200 80 720 $200 100 960 $200