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Level Quantity of eggs Feed per week (kg) per week (kg) 1 0 0 2 13,333 18,000 3 16,000 20,000 4 20,000 22,000 5 24,000 23,000 6 29,333 26,000 7 34,667 30,000 8 37,333 34,000 9 41,333 42,000 10 45,333 52,000 Company X has a poultry farm and produces eggs. Feed price is 5 AED/kg. a) Calculate production costs b) Calculate profit: how much is the maximum profit per week? c) Determine the optimum amount of egg produced per week. How much is optimum production? d) Determine the marginal cost (MC) and marginal revenue (MR) at the optimum level. e) Plot average variable costs, average fixed costs, marginal costs, prices, marginal revenue on the graph. Assume: Student Fixed cost (AED) Fatima 50,000 Rauda 70,000 Hessa 45,000 Mahara 55,000 Aisha 60,000 Athra 30,000 Level Quantity of eggs Feed per week (kg) per week (kg) 1 0 0 2 13,333 18,000 3 16,000 20,000 4 20,000 22,000 5 24,000 23,000 6 29,333 26,000 7 34,667 30,000 8 37,333 34,000 9 41,333 42,000 10 45,333 52,000 Company X has a poultry farm and produces eggs. Feed price is 5 AED/kg. a) Calculate production costs b) Calculate profit: how much is the maximum profit per week? c) Determine the optimum amount of egg produced per week. How much is optimum production? d) Determine the marginal cost (MC) and marginal revenue (MR) at the optimum level. e) Plot average variable costs, average fixed costs, marginal costs, prices, marginal revenue on the graph. Assume: Student Fixed cost (AED) Fatima 50,000 Rauda 70,000 Hessa 45,000 Mahara 55,000 Aisha 60,000 Athra 30,000