A. Table 2 below shows the unit prices and quantities of hats produced bu a firm. Study it and answer the questions that follow:
Table 2

Quantity	Unit Price($)	Total Revenue($)	Marginal Revenue($)	Average Revenue($)
10	180	1800	---	180
20	150	3000	120	X
30	U	3600	60	120
40	100	V	W	Y
50	80	4000	0	80
60	60	3600	-40	60

Complete the values of U,V,W and Y

B.

Quantity	Unit Price($)	Total Revenue($)	Marginal Revenue($)	Average Revenue($)
10	180	1800	---	180
20	150	3000	120	X
30	U	3600	60	120
40	100	V	W	Y
50	80	4000	0	80
60	60	3600	-40	60

In what type of market is the firm operating? Explain your answer

C.

Quantity	Unit Price($)	Total Revenue($)	Marginal Revenue($)	Average Revenue($)
10	180	1800	---	180
20	150	3000	120	X
30	U	3600	60	120
40	100	V	W	Y
50	80	4000	0	80
60	60	3600	-40	60

If the firm's marginal cost is $60.00 at all level of outputs, at what level of output will it be in equilibrium? Explain your answer.

D.

Quantity	Unit Price($)	Total Revenue($)	Marginal Revenue($)	Average Revenue($)
10	180	1800	---	180
20	150	3000	120	X
30	U	3600	60	120
40	100	V	W	Y
50	80	4000	0	80
60	60	3600	-40	60

If a total cost of $600.00 is incurred when 50 units of hats are produced, determine the margin of profit or loss made

E. 

Quantity	Unit Price($)	Total Revenue($)	Marginal Revenue($)	Average Revenue($)
10	180	1800	---	180
20	150	3000	120	X
30	U	3600	60	120
40	100	V	W	Y
50	80	4000	0	80
60	60	3600	-40	60

What is another name for marginal cost?