iMixer is a company that produces smart kitchen mixers. It cannot influence the market price. The following table shows iMixer's explicit and implicit costs of producing smart kitchen mixers. Quantity TotalCost

0..............................$100

1................................$200

2..............................$260

3...............................$310

4..............................$380

5..............................$490

6..............................$670

1. iMixer's opportunity cost of producing smart kitchen mixers is included in these costs. ( TRUE or FALSE)
2. What is the fixed cost of producing smart kitchen mixers?
3. What is the marginal cost of producing the third smart kitchen mixer?
4. If the price of a smart kitchen mixer is $115, how many kitchen mixers should iMixer sell?
5. What are iMixer's profits when the price is $115?
6. The efficient scale for iMixer is more than 5 smart kitchen mixers. (TRUE OR FALSE)