Quantity Total Cost Variable Cost (dollars) (dollars) 0 $1,000 360 560 960 1,760 _ 3,000 _ 600 5,800 4,800 (23 Table shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units. Calculate MC, AVC, and ATC. Q3 Table shows the short-run cost data of a perfectly competitive firm that produces plastic camera cases. Assume that output can only be increased in batches of 100 units. Calculate MC, AVC, and ATC. a. What is the fixed cost of production? b. If the market price of each camera case is $8, what is the profit-maximizing quantity? c. If the market price of each camera case is $8, what is the firm's total revenue? d. If the market price of each camera case is $8 and the firm maximizes profit, what is the amount of the firm's profit or loss? e. Suppose the fixed cost of production rises by $500 and the price per unit is still S8. What happens to the firm's profit-maximizing output level? f. The firm will not produce in the short run if the output price falls below