firm can produce goods for an average per-unit cost of $5 + $10/(Q x 1 + 2). For example, to produce 10 goods would cost 10 x ( ($5 + $10/12) = $58.33. The market price per good is $7 - Q x $1/10. So, you can fetch 10 x ($7- $10/10) = $60 for selling 10 goods. Use a spreadsheet to answer the following questions.

a. What is the break-even point where total gross revenues are equal to total cost?

b. What is the gross profit (revenues minus costs) at the break-even point?

c. What is the marginal gross profit at the break-even point?

d. How many items should the firm produce?

e. What is the average per-unit gross profit at this point?

f. What is the marginal gross profit at this point?