Based on this chartfor afirm;

At what output will the firm maximise its profits? What will its total revenue be?If the firm produces Q_c, what area will represent the consumer surplus?Is this firm more likely to be a monopolist or operating in a perfectly competitive industry? State your reason.

Price per unit A of good Marginal cost V B PM W X C Pc Y Demand U Marginal revenue 0 QM Qc Quantity