CAUTION: MANY PRODUCTS MAY NOT BE EFFECTIVE ON ROADRUNNERS The table below glves data on costs tor the Acme Mall-order Company, a tirm In a competltlve market. Among tnelr customers Is a certaln hungry coyote. Q o 2 3 4 6 7 8 9 10 11 12 FC 60 60 60 60 60 60 60 vc O 16 28 38 32 70 82 110 127 147 TC 60 76 98 106 112 120 130 142 ISS 170 187 207 16 12 10 8 6 8 10 12 13 17 20 AVC 16 14 127 Its 10.4 10 10 ATC 76 44 327 26.5 22.4 20 18.6 10.25 1775 106 17.2 11 17 Its 17 12.25 17.25 a. Determine the priceand quantity tor Acme Company at -the shutdown point -the break-even point b. It the price Is $20, what happens In the Industry In the long run, assuming all tirms nave costs Identlcal to the Acme Company's. c. Repeat the analysis trom part b, but tor a prlce ot S12_