3. Figure below represents Carrot M, a perfect competition rm. Market price is 10 Celtic-mm pea-l h) 5' 20 40 AC AH: 50 so 100 WWWPNM-l 3) b) C) d) What output should Carrot M produce in order to maximize its prot? What P should it charge? What is the maximum total prot this rm can earn? What is the rm's total revenue at the prot- maximizing output? What is the rm's total cost when it is maximizing its prot? What output should Carrot M produce in order to maximize its prot? What P should it charge? What is the maximum total prot this rm can earn? What is the rm's total revenue at the prot- maximizing output? What is the rm's total cost when it is maximizing its prot