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In the following questions, round to two decimal places (-2). Use the production and cost information given in the following table. Each worker costs $42 to hire. In addition, Fred's Fabulous Fedoras has total fixed costs of $60. Total Product Total Cost ATC AVC AFC MC 0 50 + 60 20 60 + 42 102 5 5.10 2.10 3.00 45 60 + 84 144 3.20 65 60 + 126 186 2.86 1.94 0.92 2.1 83 60 + 168 228 2.75 2.02 10.72 95 60 + 210 270 2.84 2.21 0.63 3.50 104 60 + 252 312 3.00 2.42 0.58 4 112 60 + 294 354 3.16 2.62 0.54 5.2 118 60 + 336 396 3.36 2.85 0.51 122 60 + 378 438 3.59 3.10 0.49 10.50 125 60 + 420 480 3.84 3.36 0.48 14.00 1/2. At a market price of $3.50, Fred will produce Fedoras and make a total economic PROFIT / LOSS of $ 3/4. At a market price of $2.10, Fred will produce Fedoras and make a total economic PROFIT / LOSS of $ 5/6. At a market price of $1.68, Fred will produce Fedoras and make a total economic PROFIT / LOSS of $ 7. If the market price is $10.50 per unit, how many Fedoras will Fred produce? 8. At a market price of $14.00, Fred will make a total economic PROFIT / LOSS of $. 9. The market price is $5.25, and Fred is producing 95 Fedoras. To maximize profit he should A. increase output. B. increase price. C. decrease output. D. decrease price. 10. At a market price of $7.00, Fred can make a total economic PROFIT / LOSS of $