Yield - Tons of Hemp	TC	TFC	TVC	ATC	AVC	AFC	MC
0	100	100	0	-	-	-	-
1	150	100	50	150	50	100	50
2	210	100	110	105	55	50	60
3	260	100	160	86.67	53.33	33.33	50
4	300	100	200	75	50	25	40
5	330	100	230	66	46	20	30
6	350	100	250	58.33	41.67	16.67	20
7	360	100	260	51.43	37.14	14.29	10

1) - If the market price is $30 per ton, what is the profit maximizing level of output for this firm? Explain using marginal analysis. 2) - Continuing to assume the market price is $30 per ton, what is the total value of profits the firm can earn?