As Tren Dee Apparels chief executive officer you decide to break into the compet

As Tren Dee Apparels chief executive officer you decide to break into the competitive sweatshirt market. Use the information provided in this figure to answer the following questions concerning Tren Dees operations.1. What is the equilibrium market price of sweatshirt?2. What is the profit-maximizing level of output for Tren Dee (in thousands)?3. At the profit-maximizing level of output what is Tren Dees total revenue (in thousands of dollars)?4. What is Tren Dees total cost (in thousands of dollars) at the profit maximizing level of output?5. At the profit-maximizing level of output are economic profits positive negative or zero?6. You should shutdown Tren Dees sweatshirt operation if the market price falls below what dollar amount?