The Silversun Watch Company sells watches for $20 each. Fixed costs of production are $20. The total variable costs are $20 for one watch, $25 for two units, $35 for the three units, $55 for four units, and $80 for five units. In the form of a table, calculate total revenue, marginal revenue, total cost, and marginal cost for each output level (one to five units). What is the profit-maximizing quantity of output? On one diagram, sketch the total revenue and total cost curves. On another diagram, sketch the marginal revenue and marginal cost curves.