Part 1 and part 2 pleaseAnd show me how you reach your final answer please?

Clearly show all Steps and Explanations, 65 Marks Me. In the diagram below, the rm (one ofa 1000 in the industry) is operating in a perfect competition market. Add the Price lines on the diagram and complete the questions in Parts 1, 2, and 3. Cost per unit 123456?89'10 Quantity {in 1.0005} mamas a] At a market price of $7 what is the Marginal Revenue for this rm? b) At a market price of $7 what is the Average Revenue for this rm';J e) At a price 0f$7 how many units will this rm produce in the short run to maximize prot? {Round et't'your answer to the nearest 100 units) :1] What is the cost per unit\";J {See ATC] e) What will be its profit or loss per unit? a) At a market price of $5.50 what is the Marginal Revenue for this rm? b) At a market price of $5.50 what is the Average Revenue for this firm? e) At a price of$515t} how many units will this rm produce in the short run to maximize prot