that is binding. (5 Marks) QUESTION FOUR Netro Crane inc. is a fish farmer located in Mwinilunga district, the market for bream is assumed to be perfectly competitive. The firm faces the following cost structure: MC = 2q+3, AVC = q+3, AFC = 36/q a) The current price per case is $11. How many cases does Netro Crane Inc. produce? (2 Marks) b) What are the firm's total revenues, total costs, and profit/loss? (3 Marks) c) If the firm decided not to produce, what would its profits/loss be? Will the firm choose this option? Why or why not? (2 Marks) OK 192 PAGES​