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Question no. 5-(5 marks) The demand schedule of Karachi electric (KE) (known as monopolist) is given as below. You need to find the missing values using TR-TC & MR-MC approaches to analyze its cost of production and profit maximizing point. Output Price Total Cost Total Revenue MC MR 0 Rs.24 Rs. 10 21 14 2 18 20 15 28 12 38 5 9 50 a. Find the missing values of Total Revenue column b. Find the output level that maximizes the firm's profit, using TR-TC approach c. What price should the firm set to achieve maximum profit? d. Complete the final two columns to verify that the same conclusions are reached using the MR = MC rule. e. Compare both the results and comment on the business and its position