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Please help to find the answers , thank you 12. Now suppose the market price falls to 40 cents per patty. Fill out the table

Please help to find the answers , thank you

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12. Now suppose the market price falls to 40 cents per patty. Fill out the table below to determine total profits at each level of output. Output Price Total Total Marginal Average Average (Krabby per Revenue (TR) Marginal Cost Total Cost Variable Total Patties Krabby cents per Revenue (TC) Profit (MC) Cost Cost per Patty hour (MR) cents (cents (AVC) (ATC) hour) (cents) per per hour hour) 0 40 80 40 110 30 30 110 40 130 20 25 65 40 160 30 26.67 53.33 40 200 40 30 50 DO YOUAWN- 40 250 50 34 50 40 310 60 38.33 51.67 40 380 70 42.86 54.29 40 460 80 47.5 57.50 TR = MR = Profit = MC = Price x Output ATR TR-TC ATC AOutput AOutput 13. How many patties per hour should the Krusty Krab produce? patties. 14. What would be the profit per hour? cents/hour

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