Question: Please answer all and draw a graph as well. The cost schedule for a typical avocado producer is below. The market for avocados is perfectly

Please answer all and draw a graph as well.

The cost schedule for a typical avocado producer is below. The market for avocados is perfectly competitive. Output Price Total Total Marginal |Marginal Cost Revenue Revenue Cost 0 600 3000 X X 10 550 6500 20 500 10000 30 450 13500 40 400 17000 50 350 20500 60 300 24000 70 250 27500 80 /200 31000 1. Fill in the Total Revenue column. 2. Fill in the Marginal Revenue column. 3. Fill in the Marginal Cost column. 4. If this is a monopoly, what are the price charged, quantity produced, and profit earned by the monopoly? 5. If this is a perfectly competitive market, what are the price charged, quantity produced, and profit earned by this firm? 6. On a graph, sketch the demand curve, the marginal revenue curve, and the marginal cost curve

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