Using the data in the given table, when the firm increases its output from 13 to 16 units, the marginal cost of a unit is * Labor (workers) Output (units) Total cost, TC (dollars) 0 1 2 3 4 5 0 4 9 13 16 18 Total variable cost, TVC (dollars) 0 25 50 75 100 125 20 45 70 95 120 145 O $6.00 a unit $8.33 8 unit O $7.00 a unit $5.00 e unit In the given table, the marginal revenue from the fourth unit of output Output 0 1 2 3 4 5 6 Total Revenue Total Cost $0 $25 $30 $49 $60 $69 $90 $91 $120 $117 S150 $147 $180 $180 O $180 O B) 9147 $30 O $150 In the given table, if the firm produces 2 units of output, it will Output 0 1 2 3 4 5 6 Total Revenue Total Cost SO $25 $30 $49 $60 $69 $90 $91 S120 $117 S150 $147 $180 $180 incur an economic loss of S9 O make an economic profit of S60 O make an economic profit of $9. incur an economic loss of 360 Angel Rodriguez puils up in his 24-foor panel truck in front of Sezz Medi Brick Oven Pizza in Upper Manhattan Even though it's the middle of the summer he's delivering firewood. He says even though fuel costs have doubled in the past year, it's still worth the premium he gets delivering ash and cherry to the captive and growing market in NYC. Which of the following statements is true about short run costs for Angel? His truck is variable costano gaisa fie cost His truck is fed cost and gasoline is able cost Both his truck and gasoline strane Neither truenor 100+ CORT In the given table, the firm Output Total Revenue Total Cost 0 SO $25 1 $30 $49 2 $60 $69 3 $90 $91 4 S120 $117 5 $150 $147 6 $180 $180 cannot be in a perfectly competitive market because its long-run economic profits are greater than zero cannot be in a perfectly competitive market because its short-tun economic profits are greater than zero must be in a perfectly competitive market because its marginal revenue is constant must be in a perfectly competitive market because its marginal cost curve eventually rises The short-run supply curve for a perfectly competitive firm is its marginal cost curve above is shutdown point marginal cost curve above the horizontal axis average cost curve above to shutdown point average cost curve above the horizontal ads