Please help me with the questions below!:(

a. Complete the missing values in the two tables above. (20 marks)

b. Are these firms operating in the short or the long run? (5 marks)

c. Are these firms operating under perfect or imperfect competition? (5 marks)

d. What level of output will these firms produce in the short run? (5 marks)

e. How would you describe their profit positions? (5 marks)

f. Would a profit-maximizing firm continue to operate if the price in the market fell below its average cost of production in the short run? (10 marks)

FIRM A Quantity 0 2 W 4 5 6 Total revenue (f) 0 10 20 30 40 50 60 Average revenue (f) Marginal revenue (f) Total cost (f) 30 42 50 60 76 100 140 Marginal cost (f) Average cost (f) FIRM B Quantity 0 2 3 4 5 6 Total cost (f) 100 134 154 177 216 266 366 Average cost (f) Marginal cost (f) Price (f) 0 130 120 110 100 90 80 Marginal revenue ({) Total revenue ({)