Assuming that syrups are identical products and firms are facing perfect competition in the market. The table records the production schedule for Sweet Syrup Inc. from 0 to 12 bottles and their corresponding total costs on a certain day. The market price for each bottle of syrup is selling at 88 each. Quantity (1) Total Cost Marginal Cost Total Revenue Bottles Marginal Total Revenue (MR) profitloss Quantity () Total Cost Marginal Cost Total Revenue Marginal Total Bottles Revenue (MR) profitloss . (3 points) From the given information, apply the corresponding formula to calculate the marginal cost, total revenue, marginal revenue, and total profitloss at each production guantity. Fill the table with all the answers of MC, TR, MR, and profit or loss on each row. The answers at and 9 bottles are provided. Apply the cormrect formulas and demonstrate how you calculated the answers for these two rows {Box will expand as you type) (1 point) At which quaniity of production will Sweet Syrup maximize profit? {Box will expand as you type) 3. (1 point) How much is the profit at this quantity? (Box will expand as you type) 4 (3 points) Describe this profit maximizing decision by means of marginal analysis {comparing marginal revenue and marginal cost). (Box will expand as you type)