Total Average Product Average Variable Cost $43 oo 42_so 4000 3150 3100 3150 38.57 40.63 43.33 46.50 Average Marginal 3 5 8 9 10 Fixed Cost $60.00 3000 20.00 15.00 12.00 1000 857 7_so 6.67 600 Total Cost $105 oo 72.50 6000 52 so 49 00 47.30 4114 4813 sooo 52_so Cost $45 40 30 40 55 65 75 Answer the questions in the first column in the table below for each of the prices listed at the top of each of the three columns, (a), (b), and (c). Instructions: Round your answers to two decimal places. Select "Not applicable" and enter "O" for output if the firm does not produce. (a) At a product price of $56 (b) At a product price of $41 At a product price of $32 Will this firm produce in he short run? If it is preferable to produce, what will be he profit-maximizing or loss-minimizing output? What economic profit or loss will the firm realize per unit of output? (Click to select) v (Click to select v (Click to select v (Click to select v output per firm units output per firm units output units (Click to select v per unit = $ (Click to select v per unit = $ per firm (Click to select v