QUESTION 3 A firm is in a perfectly competitive industry where the market price for its product is $32 The firm's cost function is: TC(Q) = 3,600+13Q+0.00125Q2 Calculate the profit maximizing quantity for this firm QUESTION 4 . A firm is in a perfectly competitive industry where the market price for its product is $53.25 The firm's cost function is: TC(Q) = 3,600+ 34Q+0.027502 Calculate the profit maximizing quantity for this firm QUESTION 5 A monopoly faces the following demand curve: Q(P) = 8,748-324P Its total cost function is: C(Q) = $2675+21Q Calculate the profit maximizing quantity QUESTION 6 A firm in a monopolistically competitive market faces the following demand curve: Q(P) = 14,202 -526P Its total cost function is: C(Q) = $2675+21Q Calculate the profit maximizing quantity