Kenny's Kebabs is a food stand that sells kebabs. The table below lists Kenny's production costs per hour.

Complete the table above.

A. If the price of kebabs is $10, what is the profit-maximising number of kebabs that Kenny's should produce?

B. At what price should Kenny's shut down in the short run?

C. At what price should Kenny's exit in the long run?

Explain your answers and remember to show your work.

Number of Total Marginal Average Average Kebabs Cost Cost Total Cost Variable Cost w+ 1 $8 - - - 2 $12 - - - 3 $18 _ - _ 4 $23 - - - 5 $42 - - - 6 $62 _ _ _