2. (4 pts) Use the table below to answer the following questions.NOTE: remember the shut down point and what it means!!! b. If the price of output is $3, how

many units of output does thefirm produce? a. What is the firm's TOTAL FIXED COST? c. What is the firm's profit at a price of $3? d. At an output price of $49, how many units of output does thefirm produce?