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KYou are given the following cost and revenue data for Parkin's Pickles, a perfectly competitive firm at its current output level. TR=$1,840TFC=$690MC=$14AFC=$6AVC=$8 a. Is the firm making a profit or a loss? How much? of$ b. Is the firm producing the optimal output? If not, should it produce more, less, or none at all? Output: , it should produce.

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KYou are given the following cost and revenue data for Parkin's Pickles, a perfectly competitive firm at its current output level. TR=$1,840TFC=$690MC=$14AFC=$6AVC=$8 a. Is the firm making a profit or a loss? How much? of$ b. Is the firm producing the optimal output? If not, should it produce more, less, or none at all? Output: , it should produce

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