1.The following table presents the quantity (Q) in millions of bottles of Marker's Mark bourbon that would be willingly purchased at various prices.Additionally, the Fixed Cost (F) and Variable Cost (VC) in millions are provided for each respective quantity.The 'good old boys' that own Makers Mark are interested in maximizing profits.

a.How much bourbon should Makers Mark produce and what price should it charge?You can fill in the additional columns as needed, and you are permitted to use Excel. (10)