Output	Fixed Cost	Variable Cost	Total Cost	Average Fixed Cost	Average Variable Cost	Average Total Cost	Marginal Cost
0.00	100.00	0	100	0	0	0	0
1.00	100	100	200.00	100	100	200	100
2.00	100	180	280.00	50	90	140	180
3.00	100	230	330.00	33.30	76.67	110	50
4.00	100	330	430.00	25	82.50	107.50	100
5.00	100	480	580.00	20	96	116	150
6.00	100	680	780.00	16.67	113.33	197.50	200
7.00	100	980	1,080.00	14.29	140	154.29	300
8.00	100	1480	1,580.00	12.5	185	197.50	500

a. Assume the company, above, is in a Perfect Competition Industry:if a product is sold at $200, what will the profits be, and how many will be sold at that price? Can the company raise the price?

b. Assume the company, above, is in a Perfect Competition Industry: What would the profit situation be at a price of $300? How many should be sold at that price?

c. Assume the company, above, is in a Perfect Competition Industry: What would the profit situation be at a price of $100? How many should be sold at that price?