(Solved): The graph shows the average total cost (ATC) curve, the marginal cost (MC) curve, the average vari ...

The graph shows the average total cost (ATC) curve, the marginal cost (MC) curve, the average variable cost (AVC) curve, and the marginal revenue (MR) curve (which is also the market price) for a perfectly competitive firm that produces inorganic coffee beans. Answer the three accompanying questions, assuming that the firm is profit-maximizing and does not shut down in the short run. What is the firm's total revenue? $ 52000 Price $815 $750 $500 $375 205 260 Quantity 336 365 MC ATC AVC MR=P What is the firm's total cost? 66000 What is the firm's profit? (Enter a negative number for a loss.) -14000