with the given information pls answer questions 9-11

pls answer question 9 and 11

1. The name of my frozen yogurt business is "Cool Treats". Here are the quantities of frozen yogurt I would willingly supply to the market at each of the given prices: Price Quantity Supplied Per Diem $1.000 $1.30100 $1.39160 $1.50190 $1.64220 $1.85260 $2.00290 $2.25310 $2.50320 $3.16320 $4.50320 Explanation The table below lists the fixed and variable costs on a per diem basis: The marginal product of each worker is: The marginal product declines as the number of workers increases due to diminishing returns. As more workers are hired, the fixed inputs (e.g., machines and equipment) become a constraint, and adding more workers doesn't result in a proportionate increase in output. The average variable cost at each discrete output opportunity is: The minimum AVC is $1.30 when output is 100 . The average total cost at each discrete output opportunity is: The minimum ATC is $1.94 when output is 190 . 9) Calculate Marginal Cost at each of the discreet output opportunities (there are only 7). 10) What is the profit maximizing level of output, curren given where the market price is at right now (see your response to question 1). What decision rule did you use make this choice? 11) Are you currently in the "long run"? What do you expect the price to be when you do reach the "long run"? 7) Based on the economics you've learned so far, should you stay in business in the short run? WHY? In the short run, the rent was a sunk cost so you did not consider that for profit maximization. You either chose to provide quantities to the market OR you chose to shut down. That's it. Simple. 8) Based on the economics you've learned so far, should you stay in business in the long run? For long run consideration, you do need to consider the fixed costs/sunk costs. Sunk costs are no longer irrelevant. Will you renew your lease after the first 30 days are expired? WHY? If you stay in business in the long run, what could you do to enhance your chances for business success (ie, profits?) 9) Calculate Marginal Cost at each of the discreet output opportunities (there are only 7). 10) What is the profit maximizing level of output, currently given where the market price is at right now (see your response to question 1). What decision rule did you use to make this choice? 11) Are you currently in the "long run"? What do you expect the price to be when you do reach the "long run