The table below shows All's monthly costs of producing wheat. Suppose the current market price of wheat is $74.50 per bushel. All's Wheat Production Costs Quantity bushels) AVC (dollars) ATC (dollars) MC (dollars) 9 509 $19.50 $49.50 $4.50 1, ege 16.50 32.0 14.58 1,506 14.50 29. 50 22.50 2, 086 19.50 30.75 34.50 2,508 24.56 33.56 14.50 29.56 37.09 54.58 3,580 34.50 10.93 64.50 4, 090 39.50 45.13 74.58 4,506 44. 56 49 .56 84.58 5,080 49.50 54.09 94.50 Instructions: Round your answers to two decimal places. If you are entering a negative number Include a minus sign. a. If the market price is $74.50 per bushel of wheat, and All chooses to produce wheat, how much will he produce per month to maximize his profits In the short run? bushels per month b. Calculate All's monthly profits (express a loss as a negative number) if he chooses to produce the profit-maximizing quantity of wheat at a price of $74.50. $ C. Assume that the market price of wheat falls to $22.50 per bushel. How much wheat will All choose to produce per month In order to maximize his profits In the short run? bushels per month d. Calculate All's monthly profits (express a loss as a negative number) if he chooses to produce the profit-maximizing quantity of wheat at a price of $22.50. $ e. If the market price of wheat Instead falls to $14.50 per bushel, how much wheat will All choose to produce per month in order to maximize his profits in the short run? bushels per month