Could you please help me answer this multiple choice question:

Question 1:

Table 2 This table shows the revenue and costs of a parrot farmer. Quantity Total Revenue ($) Total Cost ($) 0 0 5 15 12 2 30 24 3 45 37 60 51 75 66 90 84 105 102 120 122 135 142 Refer to Table 2. If the farmer produces 8 parrots: O The total variable cost is $117 O All of the answers are correct O Marginal revenue is less than marginal cost and farmer should produce less parrots O Average revenue is less than marginal costGraph 8 Cost and Revenue($) Curve C Curve D ND Curve A Curve B QA Quantity Q3 Refer to graph 8. If the monopoly firm is currently producing output at a level of Q3, reducing output will always cause profit to: O increase as long as output is at least Q2 O remain unchanged increase as long as output is at least Q1 O decrease