Refer to the table below.QuantityVariable Cost (in dollars)Fixed Costs (in dollars)Total Costs (in dollars)Average Variable Costs (in dollars per unit)Average Total Costs (in dollars per unit)Marginal Costs (in dollars per unit)00A40------1154055155515235407517.537.520360401002033.3254904013022.532.530512540165C33356B40D26.633.3351. Find the missing value A, B, C, D2. Continue to refer to this table. If the firm produces 5 units
that it sells for $40.00 each, what will its profits or losses
equal?Select one:a. losses equal $75b. losses equal $35c. profits equal $75d. profits equal $353. Continue to refer...