3. Given information in the following table: Quantity Price (RM) Total Cost 60 18 58 20 3 54 24 4 48 30 5 40 38 6. 28 50 14 70 a. Calculate MC and MR. b. Determine the quantity produced by the firm c. How much does the firm earn in terms of profit? d. What is the average cost of the firm? e. Sketch the AC, AR, MR and MC curve without a scale.

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