3. Warung Normal is a small restaurant on a busy street known as Braga. The following table shows the firm's demand schedule and the following figure shows the restaurant's marginal cost and average total cost curves. Number of Liwet Price of a (in hundreds) Liwet 0 $11.00 | 9.50 ) 8.00 3 6.50 4 5.00 5 350 6 2.00 7 0.50 12 -+ Price of a liwet 10 ATC 0 2 4 6 8 10 12 Number of liwets (in hundreds) a. b. Graph the demand and marginal revenue curves facing Warung Normal in preceding figure. What is the market structure of this business if there are many sellers with differentiated products in the market? What are the optimal level of production and the profit maximizing price of liwets? How much profit is Warung Normal earning? What do you expect to happen in the long run