Plz help each question 10 marks

Part II. Short Answers (Each Question = 10 Marks) Q- 3. Label the curves in the diagram and answer following questions. a) What output should this firm produce Price 16 in order to maximize its profit? Cost b) What Price should this firm charge? c) What is the firms' total revenue at the profit maximizing output? d) What is the firms' total cost at the profit maximizing output? Quantity Part II. Short Answers (Each Question = 10 Marks) Q-4. Assuming that all units of labour cost the same, fill in the blanks in the table. Units of Total TVC MC AVC a) At what level of labour is Labour output marginal cost at a O 0 0 minimum? 1 100 230 2 220 b) What is the marginal product of labour when 4 3 320 units of labour are used? 400 460 6 180