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1) Complete the missing data for each worksheet using the market price provided on each sheet.Be sure to fill in all of the columns. Price

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1) Complete the missing data for each worksheet using the market price provided on each sheet.Be sure to fill in all of the columns.

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Price = $32 per unit sold Units of Total Product | Revenue Total Cost Data Total Profits Average Cost Data Marginal Data Total Total Total Total AVC MC Fixed Product Variable Total TR - TC AFC (TVC/# ATC MR Marginal Revenue Cost Cost Cost units) (TC2-TC )/(Q2-Q1) (TR2-TR1)/(Q2-Q1) Profits $0 $60 $60 $32 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 $8 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $38 Units of Total Total Product Total Cost Data |Revenue Profits Average Cost Data Marginal Data Total Total MC MR Fixed Variable Total AVC Total Total (TC2- TR2- Marginal Product Revenue Cost Cost TR - TC ATC Cost AFC (TVC/# TC )(Q2- TR1)/(Q2- Profits units) Q1) Q1) $0 $60 $60 ($60) $38 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 $8 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $41 Units of Total Product Revenue Total Cost Data Total Profits Average Cost Data Marginal Data Total Total Total Total Fixed Variable Total AVC MC Revenue TR - TC AFC ATC MR Marginal Product Cost Cost Cost (TVC/# units) (TC2-TC )/(Q2-Q1) (TR2-TR1)/(Q2-Q1) Profits $0 $60 $60 $41 60 45 105 $60 $45.00 $105.00 2 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 CO 60 325 385 $8 40.63 48.13 LO 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $46 Units of Total Total Product Total Cost Data Revenue Profits Average Cost Data Marginal Data Total Total MC MR Total Total Fixed Variable Total AVC (TC2- (TR2- Cost Marginal Product Revenue Cost Cost TR - TC AFC (TVC/# ATC TCM/(Qz- TR1)/(Q2- Profits units) Q1) Q1) $0 $60 $0 $60 $46 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 59 38.57 47.14 60 325 385 $8 40.63 48.13 LO 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $56 Units of Total Total Cost Data Total Product | Revenue Profits Average Cost Data Marginal Data Total Total MC MR Total Total Fixed Variable Total AVC (TC2- TR - TC AFC (TVC/# TR2- Product Revenue Cost Cost ATC Marginal Cost TC )/(Q2- TR1)/(Q2- Profits units) Q1) Q1) 0 $60 $0 $60 $56 60 45 105 $60 $45.00 $105.00 60 35 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 $8 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $66 Units of Total Total Product Revenue Total Cost Data Profits Average Cost Data Marginal Data Total Total MC MR Total Total Fixed Variable Total AVC (TC2 TR - TC AFC TVC/# ATC (TR2- Product Revenue Cost Marginal Cost Cost TCM(Q2- TR1)/(Q2- Profits units) Q1) Q1) $0 $60 $60 $66 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50

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