Question: please answer asap The Star newspaper competes with The Sun, Business Times, New Strait Times and etc. in Malaysia. The Star faces the demand and

please answer asap please answer asap The Star newspaper competes

The Star newspaper competes with The Sun, Business Times, New Strait Times and etc. in Malaysia. The Star faces the demand and cost schedules shown in the following table (a) Determine the profit-maximising price and output, and explain briefly. (3 marks) (b) Determine the revenue-maximising price and output, and explain briefly. ( 3 marks) (c) Based on the table given, illustrate the cost and revenue curves of The Star in a diagram and indicate the amount of profit (or loss) generated at the profitmaximising level. (4 marks)

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