Reading list son Gori 3 MC ATC PMR out 24 90 Prior 18 4 0 100 350 500 7004 Bales of hay from the graph of a perfectly competitive firm above, answer the following questions: 1. What is the profit maximization level of of output? (1 mark) 2. What is the value of ATC at the best level of output (1 mark) 3. what is the amount of profit the firm makes at that level of output? (2 marks) - show your calculations. 4. at what price firm will breakeven (1 mark) 2 B 1 %3