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Jason's Energy Drinks is a firm operating as a sole supplier of a speciality energy drink to a regional football association in Australia. Table 2

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Jason's Energy Drinks is a firm operating as a sole supplier of a speciality energy drink to a regional football association in Australia. Table 2 below contains some of the cost and revenue information of Jason's Energy Drinks. Currently, the firm's marginal cost is stable at $4 a drink bottle. Price TR MR Total cost S $000 $ $000 11 0 4 10 10 10 9 18 8 8 24 6 7 6 30 2 3 0 - 28 -2 3 24 2 18 -6 1 10 -8 a. Fill in the missing information (2 marks) b. What is the firm's fixed cost over this range of output? (1 mark) c. Assuming that Jason's Energy Drinks is currently operating at its profit maximising output level how much profit is made by the firm? Show details of your workings (2 marks)

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