Please solve these 2 questions.

The questions are below:

1.

a. Complete the following table of cost data for Smith's Snuff, a perfectly competitive rm. b. What is the total amount ofthe shutdown loss? That is, what loss will Smith's Snuff incur if it does not produce at all? Shutdown loss is $ |:|_ c. Assuming no partial units, complete table below showing how much Smith's Snuff will produce and what its profrt or I: will be at the various prices given- If you are entering any negative numbers be sure to include a negative sign H in fron those numbers. Leave no cells blank - be certain to enter "0\" wherever required. . Total Total Profit (+) or PM in --I--Ill-I-l-I --I--I--I--I --I--I--I--I --I--I--I--I The cost data in the following table are for Marshall's Meats, a perfectly competitive firm. Round your answers to 2 decimal places. Average Output Variable Average Marginal Cost Total Cost Cost Total Cost $ 95 - $i 125 45 3 175 212 5 265 322 7 135 a. Complete above the table. b. What is the break-even price? Break-even price: $ c. What is the shutdown price? Shutdown price: $ d. If the market price of the product is $53, what quantity will Marshall's Meats produce? What will be its profit or loss? Quantity: (Click to select) v :$ e. If the market price of the product is $20, what quantity will Marshall's Meats produce? What will be its profit or loss? Quantity: (Click to select) v|: $