- Average Variable Cost - Average Total Cost - Marginal Cost $80.00 $60.00 $40.00 $20.00 $0.00 20 40 60 80 Part 2: At each of
- Average Variable Cost - Average Total Cost - Marginal Cost $80.00 $60.00 $40.00 $20.00 $0.00 20 40 60 80 Part 2: At each of the following potential market prices, how many would our firm produce (Use the graph on the first page)? Calculate the Profit/Loss at that level of output. Make sure to answer question a. (4 points) PRICE QUANTITY SUPPLIED PROFIT/LOSS (Output] $15 $25 $35 $45 $55 $65
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