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Please help fill this table out Costs and Revenue in Perfect Competition Template Suppose that the following table represents the cost structure of an apple
Please help fill this table out
Costs and Revenue in Perfect Competition Template Suppose that the following table represents the cost structure of an apple farmer. The current market price for apples is $18. Assusme that this firm is in a perfectly competitive market structure. -4F12-4 Review the "Formula Refresher" worksheet for forumlae and hints. 4.jpg Q1. Fill in the missing values in following table. Make sure to use the "formula" feature. Quantity of apples Total Cost (TC) Fixed Cost (FC) Variable Cost (VC) Marginal Cost (MC) Average Fixed Cost (AFC) Average Variable Cost (AVC) Average Total Cost (ATC) Marginal Revenue (MR) O $ 400.00 -8DA2- 10 $ 500.00 C.jpg + 20 $ 580.00 30 $ 700.00 40 $ 850.00 50 $ 1,030.00 illable.p 60 $ 1,250.00 Q2. Use the Excel's chart feature to graph MC, AFC, AVC, and ATC. In addition, graph the MR curve. Remember that those costs and MR are on the Y-axis and quantity is on the X-axis. $1.20 9c91-4 JPG $1.00 $0.80 tax df $0.60 $0.40 .5914-4 A.jpg go LJ Focus MAY 2 20 "tv alli AStep by Step Solution
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