The cost Data in the following table are for Marshals meats , a perfectly competitive firm. Out put Average Variable cost Average Total Cost Marginal Cost Total Cost 0 / / / $70 1 90 2 100 3 150 4 205...


The cost Data in the following table are for Marshals meats , a perfectly competitive firm.





































































Out putAverage Variable costAverage Total CostMarginal CostTotal Cost
0///$70
190
2100
3150
4205
5265
6355
7510

A. Complete the above table



 What is the break even price ?



What is the shut down price ?



If the Market price of the product is $55, what quantity will Marshall's Meats produce ? What will be its profit or loss?



If the market price of the product is $90, what what quantity will Marshall's Meats produce ? What will be its profit or loss?



Please provide how you calculate the table step by step and the two corresponding parts after if you need to use more than 1 ask a question please do just need to know how to do this.



thank you in advance




Jun 07, 2022
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