G. What is the profit-maximizing level of output?What is the maximum level of profits that the farm can earn? H. What is the breakeven price? What is the break even quantity? 1. What is the shutdown price? What is the shutdown quantity? J. What happens to fixed costs in the long run? What are the breakeven and shutdown points in the long run? K. Graph TC, TVC, TFC, ATC, AVC, and MC. Include labels and units. 5. Suppose that a wheat farm has total fixed costs (TFC) equal to $10, and the price of wheat (Py) is equal to $14/bu. Use a chart to find the profit-maximizing level of wheat for the farm to produce. Y TVC ATC AVC MC TR AR MR II 0 1 0 10 TC 10 20 26 28 2 3 10 6 16 18 22 TFC 10 10 10 10 10 10 10 10 14 14 14 0 14 28 42 56 70 20 13 9.3 8 9.2 11.3 13.4 4 10 8 6 5.5 7.2 9.67 12 14 14 14 14 14 32 -10 -6 2 14 24 24 2 4 14 36 46 68 14 14 6 58 22 84 14 16 84 94 14 14 26 98 14 4