Below is information that pertains to a firm operating in a perfectly competitive market: Price $6 Quantity TR $4,800 TC TFC $1,680 TVC ATC $7.20 AVC Minimum MC Utilize the information above to answer the following questions: 1) What is the average variable cost for this firm at that specific quantity? 2) What is marginal cost for the firm operating at that specific quantity? 3) Given the information above, should the firm either decrease production, increase production, or shut down in the short run? 4) Provide and submit your calculations into the textbox as an image. Please make sure that your image is NOT an HEIC or HEIF file. You should upload your image as a JPEG file or a PNG file