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AVC ATC MC ldoliars per unit] (dollars per unit} {dollars per unit} The table above gives the AVC, ATC, and MC schedules for a perfectly competitive firm. What is the total variable cost when the rm produces 14 units of output? tithe price of a unit of output is $60.00, what is the profit-maximizing quantity? Is it possible to determine the economic prot or economic loss at this price? If not. explain why not; if so. what is it? If the price of a unit of output is $45.00, what is the prot-maximizing quantity? Is it possible to determine the economic prot or economic loss at this price? If not, explain why not: if so. what is it