9. The diagram below shows a firm's short-run cost and revenue curves. (It operates under monopoly or imperfect competition.) The level of output it produces will depend on its aims. For each of the following four aims, identify the firm's output. A firm's short-run cost and revenue curves $ MC MR Q₁ Q₂ Q3 Q4 Q5 QB Q7 Qz Qg AC AVC AR= D (a) Profit maximisation.. (b) Sales maximisation (must earn at least normal profits). (c) Sales maximisation (must cover all variable costs). (d) Sales revenue maximisation (e) Assume now that the diagram represents a perfectly competitive industry (also in the short min) What will the equilibrium loval of output h

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