Word File Edit View Insert Format Tools Table Window Help O 84% Q Sun Jul 31 9:08 PM AutoSave OFF A A Y. CG N Online Mic 2302 Quiz Part II-1 (1)-Refined - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Table Design Layout . Tell me Share Comments X Calibri (Bo... 11 A A Aa Ap a= v AL T AaBbCcDdEe AaBbCcDdEe Aa BbCcD AaBbCcDdEE AaBb( AaBbCcDdEE Paste B I Uv ab X 2 Av LV Av Normal No Spacing Heading 1 Heading 2 Title Subtitle Styles Dictate Editor Pane 3. Marginal Analysis: Fill the following table and indicate what is the most profitable level of output. Output Price Total Total MR MC Profit Addition Revenue Cost to Profit 0 $45 $0 $20 -$20 1 40 40 25 2 35 70 35 30 90 55 25 100 95 . The fixed cost of the following table is $15. Redo the table assuming the fixed cost is $35. Then answer the following questions: a. Does the change in fixed costs affect marginal cost? b. Does it affect the optimal level of input? Here is the table: + Output TR MR = P MC TVC AVC TC Profit $0 $0 $15 -$15 30 $30 $40 40 $40 55 -25 60 30 30 70 35 85 -25 90 30 20 90 30 105 -15 120 30 10 100 25 115 5 150 30 25 125 25 140 10 180 30 30 155 25.83 170 10 210 30 41 196 28 211 -1 240 30 60 256 32 271 -31 Profits are highest at $10 at Q =6 where P= MC =$30 Create a new table and fill up to complete the problem and then answer questions a. and b. (see above). Page 2 of 3 610 words English (United States) Focus 120% 189 6,875 JUL 31 O