Question: Question 2 9 / 12 pts You are operating a firm in a perfectly competitive market. In the short run, you have fixed costs of

Question 2 9 / 12 pts You are operating a firm in a perfectly competitive market. In the short run, you have fixed costs of $30. Your variable costs are given in the following table: Q TVC 0 0 1 70 2 120 3 150 4 190 5 270 6 360 Complete the following table: Market Profit maximizing level of Profit Price output $48 -28 $52 -12 $75 80 $85 120 Answer 1: 4 Answer 2: -28 Answer 3: 4

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3. Give away need to know information and you will get back information that you find useful.

4. Present multiple themes at once. Then you will get to know a little about how others think, when some of the themes are rejected.

5. Get a third party to mediate, so that both parties have the opportunity to go back to their original negotiating point that they had before the third party put forward his/her proposal.