PLZ ANSWER THE QUESTIONS BELOW using the table!

TO ATC MC P TR Profits 1 50 50 50 -21 2 80 40 30 5E -22 -9 4 104 5 110 22 6 126 21 48 140 20 14 21 203 168 21 9 207 29 10 270 11 363 33 12 492 29 348 - 144 13 683 14 896 64 233 15 1200 80 304 29 -765 This firm operates in a perfectly competitive market. Complete the table as necessary to answer these questions. ATC = MC 1) At what level of output is ATC minimized? A 2) What is the level of output that the manager will choose to produce in order to maximize his/her profits? | MER 3) At that level of output how much profit is being earned? 4) What is profit-per-unit at that level of output? 5) At what level of output is profit-per-unit maximized? MR Mc 6) What can we expect to happen next in this market? we are 7) Once all firms have entered and/or exited, what will the price be in this market? Low Point or ATC = 20