Using the table below, Company K Sales 55000 Wages and salaries 24000 Rent 4000 Cost of materials Cost of equity capital Interest on debt 4500 1. Complete the table. 2. From the table, we can see MPP eventually ( increases deceases doesnotchange ). Select the correct one. 3. What is the name of the tendency shown in MPP column? 4. Measure Company K's accounting prot. 5. Measure Company K's economic prot. 6. Complete the table. 7. Using MR and MC columns only, determine the output level at which total prot is maximized. Page 2 of 3 Using the table below, Q TFC ($) TVC ($) TC ($) ATC ($) MC ($) 0 192 NA NA 226 2 260 3 390 520 1130 8. Complete the table. 9. Plot "average total cost." 10. ATC ( decreases increases ) eventually. Select the correct one, and briefly explain why. 11. Explain why the phenomena you see in #10 may not apply in the long run. 12. If MR