Use the information below

1. Refer to Table 1. Wage=$200. Rent=$50 Table 1 |#Workers #Machines Output MP TFC TVC | TC AFC AVC | ATC MO | 0 30 0 | 1 30 40 2 30 82 30 214 30 238 30 258 30 CDOO'JQUT 21. Fill in the missing values in the table. Show work. b. If the price of this good is $10, how much do they produce? Explain. c. If the price of this good is $10, how much prot /loss does this company earn? Show work. d. Do they stay in business in the shortrun? e. Do they stay in business in the long-run? f. If the price of this good is $4.76, how much do they produce? Explain. g. If the price of this good is $4.76, how much prot /loss does this company earn? Show work. h. Do they stay in business in the shortrun? i. Do they stay in business in the longrun? j. In the longrun, What will the equilibrium price in this market be? 2. Refer to Table 2. Wage=$180. Rent=$25 Table 2 #Workers #Machines Output MP TFC TVC I TC AFC AVC | ATC MO | | | 30 | | 30 7 8 9 21. Fill in the missing values in the table. Show work. b. If the price of this good is $30, how much do they produce? Explain. c. If the price of this good is $30, how much prot /loss does this company earn? Show work. d. Do they stay in business in the shortrun? e. Do they stay in business in the long-run? f. If the price of this good is $12.86, how much do they produce? Explain. g. If the price of this good is $12.86, how much prot / loss does this company earn? Show work. h. Do they stay in business in the short-run? i. Do they stay in business in the longrun? j. In the longrun, What will the equilibrium price in this market be