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Interim assessement #2: Review 1 It cost $60 to produce 3 shirts and S90 to produce 5 at Delta Polos. The market price per shirt

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Interim assessement #2: Review 1 It cost $60 to produce 3 shirts and S90 to produce 5 at Delta Polos. The market price per shirt is $15.30 i. What is the firm its fixed cost? What is its marginal cost? ii. From 1., what is Delta Polos' marginal revenue (MR)? What does your answer mean? How many shirts must the firm produce to make a profit of $1,000 iii. iv. What is the firm's breakeven output

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