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DROPBOX: Profit-Maximization Under Perfect Competition The Output, Revenue and Cost data in the table below applies to a hypothetical mark gardening firm supplying produce to

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DROPBOX: Profit-Maximization Under Perfect Competition The Output, Revenue and Cost data in the table below applies to a hypothetical mark gardening firm supplying produce to a local Farmer's Market. Profit-Maximization Table for a Market Gardener P ($ Q (kg per TR($ TC($ MR($ MC($ AC ($ per Profit/Lo kg) month) ) ) per per per kg) kg) kg) s ($) 0 $0 $18 -$18 $0.48 $0.23 $0.48 100 $48 $41 $0.41 $7.00 $0.48 $0.16 $0.48 200 $96 $57 $0.57 $39.00 $0.48 $0.20 $0.48 300 $144 $77 $0.77 $67.00 $0.48 $0.29 $0.48 400 $192 $106 $1.06 $86.00 $0.48 $0.39 $0.48 500 $240 $145 $1.45 $95.00 $0.48 $0.54 $0.48 600 $288 $199 $1.99 $89.00 $0.48 $0.95 $0.48 700 $336 $294 $2.94 $42.00

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