Question: The data in the table below are the monthly average variable costs (AVC), average total costs (ATC), and marginal costs (MC) for Alpacky, a typical

The data in the table below are the monthly average variable costs (AVC), average total costs (ATC), and marginal costs (MC) for Alpacky, a typical alpaca wool-manufacturing firm in Peru, The alpaca wool industry is competitive. For each market price given below, give the profit-maximizing output and state whether Alpaciky's protits are positive. negaive, or zero. Also state whether Alpacky should produce or shut down in the shert run

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