Given the information in the table below for a firm in a perefctly competitive market

a. What is the profit for the if price=$20? make sure to give me a dollar amount rather than an output level

b. What is the short-run shut down price?

c. What is the break even price?

Q. MC($). AVC($). ATC($)

0

40 12.50 12.50 12.50

100 8.33 10.00 19.00

130 16.66 11.53 18.46

150 25.00 13.33 19.33

160 50.00 15.62 21.25