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Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs: Ciabatta Bread Sold Price Total Cost Per

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Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs: Ciabatta Bread Sold Price Total Cost Per Hour(Q) (P) (TC) 0 $6.00 $3.00 1 5.50 6.50 2 5.00 9.00 4.50 11.00 4.00 12.50 5 3.50 13.50 6 3.00 14.00 7 2.50 15.00 8 2.00 17.00 3 4 a. To maximize profits, Maria should sell 5 loaves of ciabatta bread per hour. (Enter your response as an integer.) Maria should charge a price of $ 3.5. (Enter your response rounded to two decimal places.) Maria's maximum profit is $ 2.5 (Enter your response rounded to two decimal places.) b. The marginal revenue when selling the profit-maximizing number of loaves of ciabatta bread is $ 1.5. (Enter your response rounded to two decimal places.) The marginal cost when selling the profit-maximizing number of loaves of ciabatta bread is $ 1.5. (Enter your response rounded to two decimal places.)

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