Question: Please solve this The cost data in the following table are for Marshall's Meats, a perfectly competitive firm. Round your answers to 2 decimal places.

 Please solve this The cost data in the following table are

Please solve this

for Marshall's Meats, a perfectly competitive firm. Round your answers to 2

The cost data in the following table are for Marshall's Meats, a perfectly competitive firm. Round your answers to 2 decimal places. Average Variable Average Marginal Output Cost Total Cost Cost Total Cost $85 1 $ $ $ 115 2 135 3 165 4 204 255 6 314 425 a. Complete above the table. b. What is the shutdown price? Shutdown price: $ c. If the market price of the product is $51, what quantity will Marshall's Meats produce? What will be its profit or loss? Quantity:[ : (Click to select) v : $ d. 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 : $

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