(From Pindyck and Rubinfeld, Microeconomics, 9^th ed.)

a. Fill in the blanks in the table below; all amounts are in dollars.

Output	Fixed cost	Variable cost	Total cost	Marginal cost	Average fixed cost	Average variable cost	Average total cost
0			100
1			125
2			145
3			157
4			177
5			202
6			236
7			270
8			326
9			398
10			490

b. Suppose the price of the good is $40. How much should be produced? What are profits?

c. How does your answer change if the price drops to $25?