Table 1. Gravis's Production (in tons) and Cost (in dollars) Data for Hydroponic Carrots. Water TPP Units APP MPP TC TFC TVC AFC AVC ATC MC MR 0 0 50 50 10 65 25 80 44 95 60 110 70 125 75 140 7 79 155 81 170 82 185 1. Fill in the missing data into the table and use the output price as $3.25/ton for his carrots. (5 points) 2. At what water input levels are TPP, APP, MPP maximized? (2 points) 3. What are Gravis's fixed costs (in dollars)? (1 point)1. Fill in the missing data into the table and use the output price as $3.25/ton for his carrots. (5 points) 2. At what water input levels are TPP, APP, MPP maximized? (2 points) 3. What are Gravis's fixed costs (in dollars)? (1 point) 4. If Gravis receives a price of $3.25/ton for his carrots, what is his profit maximizing level of output? Choose the output level that comes closest to satisfying our profit maximizing criteria. What are his profits (in dollars) in this situation? (5 points) 5. If price rises to $5.00/ ton, what is his profit maximizing level of output? Choose the output level that comes closest to satisfying our profit maximizing criteria. What are his profits (in dollars) in this situation? (5 points) 6. What are Gravis's shut-down price and break-even price? (2 points) 7. Show AFC, AVC, ATC, MC and MRs in a graph and point out the shut-down price and break-even price levels on the graph. (5 points)