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Franky's Hip Hops a p (pairs of flip-tops)! $30.50, and total fixed Format your answer Question 1) The firm make a total economic profit of

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Franky's Hip Hops a p (pairs of flip-tops)! $30.50, and total fixed Format your answer Question 1) The firm make a total economic profit of - | 2) Given the informat I should this firm getrich order to maximize pr or minimize losses: 1. increase pulpit 2. decrease output 3. Maintain ine Panel 4. shutdown 5. Additional infor answer the questin 3) Suppose the firm is greatine at MR- Mget - 100. Front 15 imization: What should the firm do in the short cut the 1. increase output 2. decrease output 3. Maintain the same level ofoutput 4. shutdown 5. Additional information recured to answer the

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