Question: Please help Question 5 [This question uses content (towered in rrtodule 9.] This question returns to Giseiais cupcake business from question 2. Assume, as in

Please help

Please help Question 5 [This question uses content (towered in rrtodule 9.]

Question 5 [This question uses content (towered in rrtodule 9.] This question returns to Giseiais cupcake business from question 2. Assume, as in question 25 that IrGisela is a price-taker. Suppose that Gisela also now faces a xed operating cost of $20 per day: in order to pay rent on her store. Gisela's lease is daytoday= so at any time she ran stop paying rent and shut down her store. This xed operating cost is now included in Gisela's cost table: Quantity Total variable cost Fixed operating cost (batches per day) ($/day) (SS/day) 1 10 20 2 20 20 3 36 20 4 54 20 5 75 20 6 99 20 (a) Re-ereate the above table with additional columns showing Giselais marginal cost, average variable eost: total cost: and average total cost. (1)) Consider three different price levels that Gisela might face in the market, as a price-taker: $9: $17 and $20 per hatch. At each price, should she stay in business or shut down? If she stays in business, what will he her total prot each day5 assuming she produces the prot-iriaxinlizing number of cupcakes? (C) Now suppose that instead of paying rent daytoday, she had instead prepaid all of her rent over a year ago. Does this change in the problem change any of your answers to part (b)

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