c. Illustrate using an appropriate diagram where the rm sets price to maximise prot (such as adapting Figure 7.9d from CORE ESPP) to explain in some detail the protability of Mike in 2020. in your answer, use hypothetical values based on actual data where possible. HINT: A good answer discusses all the relevant aspects and concepts related to the diagram, and incorporates answers given in (b). [suggestiom 400 words