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Can you help me do this in excel..... PLEASE Yesterday,aperfectlycompetitiveproducerofconstructionbricksmanufacturedandsold10,000bricksperweekatamarketpricethatwasjustequaltotheminimumaveragevariablecostofproducingeachbrick.Today,allthefirm'scostsarethesame,butthemarketpriceofbrickshasdeclined. Assumingthatthisfirmhaspositivefixedcosts,didthefirmearneconomicprofits,economiclosses,orzeroeconomicprofitsyesterday? Tomaximizeeconomicprofitstoday,howmanybricksshouldthisfirmproducetoday?

Can you help me do this in excel..... PLEASE

Yesterday,aperfectlycompetitiveproducerofconstructionbricksmanufacturedandsold10,000bricksperweekatamarketpricethatwasjustequaltotheminimumaveragevariablecostofproducingeachbrick.Today,allthefirm'scostsarethesame,butthemarketpriceofbrickshasdeclined.
1. Assumingthatthisfirmhaspositivefixedcosts,didthefirmearneconomicprofits,economiclosses,orzeroeconomicprofitsyesterday?
2. Tomaximizeeconomicprofitstoday,howmanybricksshouldthisfirmproducetoday?

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