The table below shows the average cost {AC} for a purelv competitive market. The average revenue {AR} is constant at RN15 per unit and the firm's total fixed cost {TFC} is RM4. Total Revenue Average Cost Total Cost Marginal Cost Marginal {RM} {RM} {RM} {RM} Revenue {RM} 3 3 Please answer all questions below: 5.5 - -5 a} Fill in the values for total revenue {TR}, total cost {TC} and marginal cost {MC} in the column provided. {3} b} Determine the profit maximizing output. {2} c} Show the equilibrium of the firm in a diagram. {4} d} If the average revenue falls to RN13 per unit, calculate the firm's new profit or loss at the equilibrium. {4} e} Based on your answer in part {d}, should the firm continue or stop the production? Justify. ll} {20 Marks}