Hi,

I need help with questions 1-4 that involves looking at the following graph. Thank you!

MO $30 .. "R l ATC a | a [ . AW: 5 20 uuuuuuuu _ _ i I I - 15 \"- \"- -I- I | l l l l I | | | l l l l | | 75 80 100 Output Use the graph above to answer these questions: 1. What is the prot-maximizing level of output and price? (2 marks) 2. What is the economic prot? (2 marks) 3. What is the per-unit amount of prot at the prot-maximizing level of output? (1 mark) 4. At what price would the rm decide to shut down? (1 mark)