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Could you please help me with the following questions? Section IV: Profit Maximization in Perfect Competition For the following questions, use the production table below:

Could you please help me with the following questions?

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Section IV: Profit Maximization in Perfect Competition For the following questions, use the production table below: Units of Fixed Variable Total Marginal Marginal Total Output Costs Costs Costs Costs Revenue Revenue Profit 0 0 H 10 N 25 3 45 4 95 5 150 6 210 a. There are fixed costs of $100 no matter what the output level is. Fill in the fixed cost column b. Fill in the total costs column c. Fill in the marginal costs column d. This is a perfectly competitive firm. The market price for the output they produce is $50/unit of output. Fill in the marginal revenue column. e. Fill in the total revenue column f. Fill in the profit column g. What is the profit maximizing level of output

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