Question: Using the data in the following table, show what happens to the firm's output choice and profit if the fixed cost of production increases from

Using the data in the following table, show what happens to the firm's output choice and profit if the fixed cost of production increases from $100 to $130 to $150, where q is quantity and C is total cost. Assume that the price of output is $58, q MC c (FC = $100) c (FC = $130) c (FC = $150) 0 100 130 150 1 50 150 180 200 2 28 178 208 228 3 20 198 228 248 4 14 212 242 262 5 18 230 260 280 e 20 250 280 300 7 22 272 302 322 s 38 310 340 360 9 45 355 385 405 10 55 410 440 480 11 65 475 505 525 If the fixed cost of production is $100, then output will be units (enter your response using an integer)

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