For every price level given in the following table, use the graph to determine the profit-maximizing quantity of snapbacks for the firm. Further, select whether the firm will choose to produce, shut down, or be indifferent between the two in the short run. (Assume that when price exactly equals average variable cost, the firm is indifferent between producing zero snapbacks and the profit-maximizing quantity of snapbacks.) Lastly, determine whether the firm will earn a profit, incur a loss, or break even at each price. Price Quantity Produce or Shut Down? Profit or Loss? (Dollars per snapback) (Snapbacks) 10 0 Shut down Loss 20 Either 0 or 30,000 Either shut down or produce Loss 32 35,000 Produce Loss 40 37,500 Produce Loss 50 40,000 Produce Break even 60 42,500 Produce Profit