Question: (1) (2) (3) (4) (5) (6) (7) (8) (9) Average Average Output Price Total Marginal Marginal Total variable total Profit (+) (units per per unit

 (1) (2) (3) (4) (5) (6) (7) (8) (9) Average Average

(1) (2) (3) (4) (5) (6) (7) (8) (9) Average Average Output Price Total Marginal Marginal Total variable total Profit (+) (units per per unit revenue revenue cost cost cost cost hour) (Q) or loss (-) (P) (TR) (MR) (MC) (TC) (AVC) (ATC] [(3) - (6)] $70 $0 $100 -$100 $70 $50 70 70 150 $50 $150 -80 70 34 2 70 140 184 42 92 -44 70 24 3 70 210 208 36 69 2 70 19 4 70 280 227 32 57 53 70 23 5 70 350 250 30 50 100 70 30 6 70 420- 280 30 47 140 70 38 7 70 490 318 31 45 172 70 48 8 70 560 366 33 46 194 70 59 9 70 630- 70 70 425 36 47 205 70 75 10 70 700 500 40 50 200 70 95 11 70 770- 595 45 54 175 70 117 12 70 840- 712 51 59 128

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