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The cost data in the following table are for Marshalls Meats, a perfectly competitive firm. Round your answers to 2 decimal places. OutputAverage Variable CostAverageTotal

The cost data in the following table are for Marshalls Meats, a perfectly competitive firm. Round your answers to 2 decimal places. OutputAverage Variable CostAverageTotal CostMarginalCostTotal Cost0///$1301$ $ 160$ 301602902018037030210452.53024056060300662.374374770.57120494 a. Complete above the table. b. What is the shutdown price? Shutdown price: $ c. If the market price of the product is $60, what quantity will Marshalls Meats produce? What will be its profit or loss? Quantity: ; (Click to select) : $ d. If the market price of the product is $20, what quantity will Marshalls Meats produce? What will be its profit or loss? Quantity: ; (Click to select) : $

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