Perfect Competition Worksheet This is a combination of chapter 7 and 8 which includes the three possible market outcomes that were presented in the textbook. Complete the following worksheets and answer the questions. Each sheet gives you the Price above the table and a complete Total Cost column. Given that information you should be able to fill in the rest of the worksheet. You may want to review my "Product and Cost Formulas and Rules" and "Perfect Competition Formulas and Rules" commentaries before attempting this. What is the profit or loss at this point? 63 Should this company produce? Why? Table 2 Given a price. change only fhe.Thtal Pemenu Table 3 Again, it's a new price so only the Total Revenue, Marginal Revenue, and Profit/Loss