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Download the EXCEL spreadsheet and fill in the worksheet for all of the blank cells. The spreadsheet format looks like this: - - Marginal Cost
Download the EXCEL spreadsheet and fill in the worksheet for all of the blank cells. The spreadsheet format looks like this: - - Marginal Cost (MC) Marginal Revenue Total Revenue Profit AVC ATC MR AR Pared Carpetition Ecruple Output Variable Cost 0 0 1 12 2 22 3 27 4 40 5 60 6 100 Pred Cost 20 20 20 20 20 20 20 Total Cost 20 32 42 47 60 80 120 You will fill in all of those cells. The section below this table will tell you if you have done it correctly. Keep trying until all the cells are shown as "correct." Then, answer these questions on the homework through Canvas: (1) What is the profit maximizing quantity? (2) What is the total revenue at that profit maximizing point? (3) How much profit does the firm make? EXCEL Spreadsheet for
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