The table shows cost data for a firm that is selling in a perfectly competitive market. This firm's minimum average variable cost is $14 and has fixed costs equal to $100. Output ATC MC 5 $34.00 $13 7 30.00 26 30.55 35 11 33.09 48 9 Refer to the above cost table. If the price of the product is $48, the firm will produce for a (profit or loss). Select TWO answers from the choices below; one selection is the number of unitsrproduced and the second selection is the dollar amount of the profit or loss earned by the firm. $164.01 profit $528 profit 7 units $0 profit 5 units $100 loss 11 units 9 units $33.09 loss O units