In the accompanying table, you are given information about two firms that compete in a price- taker market. Assume that fixed-costs for each firm are $20. I recommend you use excel for your calculations. You do not need to turn in your excel spreadsheet to me with your answer - just make sure you provide answers to parts a through i when you upload your answers.

a.) Complete the table b.) What is the lowest price at which rm A will produce? c.) How many units of output will it produce at that price? (assume that it cannot produce fractional units) d.) What is the lowest price at which rm B will produce? e.) How many units of output will it produce? f.) How many units will rm A produce if the market price is $20? g.) How many units will rm B produce at the $20 price? h.) If each rm's total xed costs are $20 and the price of output is $20, which rm would earn a higher net prot or incur a smaller loss? i.) How much would that net prot or loss be