QUESTION 19 The data in the below table shows the production and costs of certain firm, use the table to answer the following questions Q P TR MR TC MC 27 AC Profit/loss 28 24 33 21 40 18 49 15 75 12 114 1. Based on the above table, at which level of output the firm gets maximum revenue? 2. Based on the above table, what is the value of profit maximization output (Q*) and Profit maximization price (P*)? 3. Based on the above table, Does the firm get profit/loss if the firm produces Q* units? 4. Based on the above table, what is the amount of profit or loss at Q*? 5. Based on the above table, at which level of output the firm will earn zero or normal profit