Your company has estimated its total cost to be TC = 185,000 + 60Q + 0.007Q²; its marginal cost is thus MC = 60 + 0.014Q, where Q is the quantity of units produced and TC is in dollars. Since your market is relatively competitive, your company is able to sell its output for $179 each (which thus yields MR = 179 and TR = 179Q).

a. Produce a chart in Excel showing TC and TR with Q on the horizontal axis. Have Q go from 0 to 10,000 units (each row of your Q column can increase by a relatively large number so that your table isn't huge). Produce a second chart showing MC and MR with Q again on the horizontal axis.