The data in the table to the right give the total cost, C, and marginal cost, MC, for a firm at each possible level of output, q. (Enter all numeric responses using integers.) C MC O What is marginal revenue when the market price is $50? 100 150 50 MR = $ 50 2 178 28 What is marginal revenue when market price is $40? 3 198 20 4 212 14 MR = $ 40 230 18 What happens to the firm's output choice and profit if the price of the product falls from 6 250 20 $50 to $40. 7 272 22 If the market price falls from $50 to $40, then the firm's output will |decrease 8 310 38 from units to units. 9 355 45 10 410 55 Further, profit will decrease from $ to $ 11 475 65