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Pete's Electronics is a small company that produces 8 gigabyte flash drives in a perfectly competitive market. The market price for 8 gigabyte flash drives
Pete's Electronics is a small company that produces gigabyte flash drives in a perfectly competitive market. The market price for gigabyte flash drives is $ each.
Instructions: Enter your answers as a whole number.
a Complete the table below with the total revenue TR marginal revenue MR and average revenue AR for Pete's Electronics.
Pete's Electronics Flash Drive Production Revenues
tabletableQuantity GBflash drivesTR dollarsMR dollarsAR dollars$$
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