Question 5 (1 mark) If the price per chair was fixed at $52.00, what would you do in the SHORT RUN? Again, remember that you have to keep paying your fixed costs in the short run. Fill in the table completely. Remember to STATE both what level of production you would choose and what DOLLAR PROFIT you would make. (1 mark) # of PXQ price FC + VC $ Profit or Loss Workers TR AR Q TC TP 1 2 W # of Workers TR Q TC $ Profit or Question 6 (1 mark) AR Loss (TP) 0 If the price per chair was fixed at $38.00, what would you do in the SHORT RUN? IN 3 Again, remember that you have to keep paying your 4 fixed costs in the short run. 5 Fill in the table completely. Remember to STATE both what level of production you would choose and what DOLLAR PROFIT you would make