Consider the following cost curve for a rm in a competitive industry where the market price equals $200. 1 C=q3 + 4q + 750. What is the rm's marginal cost (MC)? MC = . (Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. 51., a superscript can be created with the " character) At what level of output does the rm maximize prots (minimize losses) ? Prot is maximized at '1 units of output. (Round your answer to two decimal places. ) What is the rm's prot maximizing price? The prot-maximizing price is $ . (Round your response to the nearest dollar.) What is the rm's prot? The rm earns a prot of $|:|. (Round your response to the nearest penny.) In the short-run, this rm should E. produce shut down