Hello, I have successfully added my answers but I am not sure if they are correct, if they are incorrect, I am asking that you help me please, thank you.

Suppose that the market for dress shirts is a competitive market. The following graph shows the daily cost curves of a firm operating in this market. 16. 32 ATC PRICE (Dollars per shirt) AVC MC 2 6 8 10 12 14 16 18 20 QUANTITY (Thousands of shirts) For each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the graph to identify its total variable cost. Assume that if the firm is indifferent between producing and shutting down, it will produce. (Hint: You can select the purple points [ diamond symbols] on the graph to see precise information on average variable cost.) *Other.txt - Notepad 0 X Price Quantity Total Revenue Fixed Cost Variable Cost Profit ( Dollars per shirt) "Shirts) (Dollars) (Dollars) (Dollars) (Dollars) File Edit Format View Help 12.50 2,000 1.000 135,000 2.500 1,300 Blank#1: Other choices are: 4500, 7500, 10000, 12000, 16000, 18000 27.50 4,500 2.100 135,000 2.760 800 Blank#2: Other choices are: 2000, 7500, 10000, 12000, 16000, 18000 5.00 500 135,000 422 762 Blank#3: Other choices are: 4500, 7500, 10000, 12000, 16000, 18000 If the firm shuts down, it must incur its fixed costs (FC) in the short run. In this case, the firm's fixed cost is $135,000 per day. In other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). This firm's shutdown price-that is, the price below which it is optimal for the firm to shut down-is $45.00 * per shirt. Blank#4: Other choices are: 12.50, 20, 27.50