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Price and cost dollars per otte) 5.00 AC 450- 400- The graph shows the marginal cost, average total cost and marginal revenue curves for Lou's

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Price and cost dollars per otte) 5.00 AC 450- 400- The graph shows the marginal cost, average total cost and marginal revenue curves for Lou's Lates How many lattes does Lou's produce? What is Lou's economic profit or economic loss? >indicate a negative economic profit as an economic loss Lou's produces tattes an hour and of $ an hour 350 Are 300 MR 2.50 200 150 100 050 0004 50 10 20 30 10 Quantity (attes per hour

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