Home X LTI Launch X M Question 4 - Wk 4 x Course Hero X Course Hero X f Facebook X Topic 9 Perfect Co X + X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%252.. Q Maps Phoenix Other bookmarks Wk 4 - Apply: Summative Assessment: The Microeconomics of Product Markets [due Day 7] Saved 4 The table below shows the total cost (TC) and marginal cost (MC) for Baker Street, a perfectly competitive firm producing different quantities of apple pies. The market price of apple pies is $8.00 per pie. a. Fill in the marginal revenue (MR) and average revenue (AR) columns. Instructions: Round your answers to two decimal places. points Baker Street's Costs and Revenues Quantity (apple pies) TC (dollars) MC (dollars) MR AR (dollars) (dollars) Book 20 $115.00 $5.00 $ 25 137.50 4.50 62.50 5.00 References 92.50 6.00 232.50 8.00 282.50 10.00 Instructions: Enter your answers as a whole number. b. At the market price of $8.00 per apple pie, how many apple pies should Baker Street make? apple pies c. If the market price for apple pies were to rise to $10.00 per apple pie, how many apple pies should Baker Street make? apple pies O 0 7:59