Question: Please answer the question below Q2- Using the data in the table, show what happens to the firm's output choice and profit if the fixed

Please answer the question below

Q2- Using the data in the table, show what happens to the firm's output choice and profit if the fixed cost of production increases from $100 to $150 and then to $200. Assume that the price of the output remains at $60 per unit. What general conclusion can you reach about the effects of fixed costs on the firm's output choice? C C C P R F = 100 F = 100 MC F = 150 F = 150 F = 200 F = 200 60 100 60 150 178 198 212 230 250 272 310 60 355 10 60 410 11 60 475

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