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Variable Output TVC TC AFC AVC ATC Marginal Cost 200 300 360 V a UAW NH 440 555 750 1100 Use the above table and

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Variable Output TVC TC AFC AVC ATC Marginal Cost 200 300 360 V a UAW NH 440 555 750 1100 Use the above table and assume fixed costs of $100 and selling price of $120 If an economist wants to max profit or minimize loss, how much is profit and output given the above data above? $240 profit at 2 units $360 profit at 3 units - 55 loss at 5 units at 6 units

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