A perfectly competitive firm has the following fixed and variable costs in the short run. The market price for the firm’s product is $150.             Output                FC                   VC               TC             TR       Profit/Loss                0                 $100                       $    0            ___             ___       ___                1                     100                     100               ___             ___             ___                2                     100                      180               ___             ___             ___                3                     100                        300               ___             ___             ___               4                     100                         440               ___             ___             ___               5                     100                         600               ___             ___             ___               6                     100                         780               ___             ___             ___ complete the table At what output rate does the firm maximize profit or minimize loss? What is the firm’s marginal revenue at each positive level of output? Its average revenue? What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate? For output rates above the profit-maximizing (or loss-minimizing) rate? please I'd like the answer in details so i understand how we do it i realy appreciated.

A perfectly competitive firm has the following fixed and variable costs in the short run. The market price for the firm’s product is $150.

            Output                FC                   VC               TC             TR       Profit/Loss

               0                 $100                       $    0            ___             ___       ___

               1                     100                     100               ___             ___             ___

               2                     100                      180               ___             ___             ___

               3                     100                        300               ___             ___             ___

              4                     100                         440               ___             ___             ___

              5                     100                         600               ___             ___             ___

              6                     100                         780               ___             ___             ___

complete the table

1. At what output rate does the firm maximize profit or minimize loss?
2. What is the firm’s marginal revenue at each positive level of output? Its average revenue?
3. What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate? For output rates above the profit-maximizing (or loss-minimizing) rate?

please I'd like the answer in details so i understand how we do it i realy appreciated.