Paragraph Arial 10p1 V E V E A L L X BBQhe E E E + V QU TB (3 ) O WORDS POWERED BY THAT QUESTION 4 5 points Suppose the total cost (TC) of Delta Lid. is given by TC = 40,000+0.5Q, where Q denotes the quantity produced by Delta a. Find the fixed cost and marginal cost of Delta Ltd. b. Is Delta likely to be a perfectly competitive firm? Why or Why not? Explain. For the toolbar, press ALT+F10 (PC] or ALT+FN+F10 [Mac]. BIUS Paragraph Arial 10pt V X2 X 2 + V Save All Ancovers Crick Save and Submit to save and submit. Click Save All Answers to save all answers. DELL