pls help me to solve this question, thx

SECTION A: Structured questions (50 Marks) QUESTION 1 (15 marks) The following graph shows the price, marginal cost and average cost curves for a rm. a to}, ion mom a) Identify the type of market structure the rm is operating in. Justify your answer. b) What is the prot maximizing price and output for this rm? Is this rm operating in the short run or long run? c) Calculate the amount of prot or loss at the equilibrium point. State the type of prot. d} Detennine the value of average variable cost at the prot maximizing level of output? e) Compare and explain the type of prot for the short run and long run of perfectly competitive and monopon rms. using a graph