Question: answer The table below shows cost data for producing different amounts of computers. Use the given information to answer the questions below. Quantity Total Cost

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The table below shows cost data for producing different amounts of computers. Use the given information to answer the questions below. Quantity Total Cost Variable Cost Marginal Cost Average Variable Cost Average Total Cost 0 146 0 20 186 40 2 2 9.3 40 326 180 7 4.5 8.15 60 546 400 11 6.66666666666667 9.1 80 926 780 19 9.75 11.575 100 1386 1240 23 12.4 13.86 How many would a competitive firm produce if the market price was $11? If the market price is $11, will firms enter or exit the market? OEnter OExit ONeither, Long Run Equilibrium

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