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pop payout your item was by ITIL ifferent monthly outputs. Output is measured in terms of the number of benches produced assembled) per month.

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pop payout your item was by ITIL ifferent monthly outputs. Output is measured in terms of the number of benches produced assembled) per month. InShape will vary its monthly output depending on the price it can charge for s bench. Suppose, in February, the market price is $20 for each workout bench. On the graph displayed to your right (using the line drawing tool) draw InShape's demand curve. abel it 'd Jote: if you are not prompted for a label, then you have used the wrong drawing tool If the price per bench is $20, the profit-maximizing quantity level is 5 hundred benches per month. At the profit-maximizing quantity level, the average total cost equals $5 per bench At the profit-maximizing quantity level, the profit per unit equals $0 per bench. . The total economic profit earned by InShape at the profit maximizing quantity level equals $0 At a price of $20 per bench InShape should continue to operate + Dolars per Bench 40+ 30 MC 32- ATC 20 24- AVC 204 10 12 9 10 11 12 Quanity (hundreds of benches per month ROO

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