9. Suorr-Run Prorir MAXIMIZATION A monopolistically com- petitive firm faces the following demand and cost structure in the short run: FC Output O TC TR Profit/Loss Price $100 90 $100 1 VC $ 0 50 90 150 230 2. 80 3 70 4 60 5 50 330 6 40 450 7 30 590 a. Complete the table. b. What is the highest profit or lowest loss available to this firm? c. Should this firm operate or shut down in the short run? Why? d. What is the relationship between marginal revenue and marginal cost as the firm increases output