QUESTION 10 1b. Suppose the market price of apples is $1.00. At the market price, this firm can sell as many apples as it can produce. Complete the following table based upon this information and fill values of the alphabetical blanks. Quantity of Apples Total Revenue Total Cost Marginal Revenue Marginal Cost Accounting Profit 0 1,000 2,000 3,000 4,000 5,000 What is A? QUESTION 11 1b. What is B? QUESTION 12 1b. What is C? QUESTION 13 1b. What is D? L ] QUESTION 14 1b. What is E? L ] QUESTION 15 c. Assuming the apple orchard can only produce the exact quantities of apples that are in this table. What is the profit maximizing quantity of apples? Q=4000 Q=3000 Q=2000 QUESTION 16 2. Amy, Bill, and Carla all mow lawns for money. Each of them operates a different lawn mower. The accompanying table shows the total cost to Amy, Bill, and Carla of mowing lawns. Quantity of lawns Amy's Total Cost Bill's Total Cost mowed Carla's Total Cost 0 0 0 0 1 20 10 2 2 35 20 7 3 45 30 17 4 50 40 32 52 50 52 6 53 60 82 a. Calculate Amy's, Bill's, and Carla's marginal costs and fill in the values of the alphabetical blanks. Quantity of lawns Amy's MC Bill's MC mowed Carla's MC 0 2 A UJ B 4 C 5 6 What is A?What is A? QUESTION 17 2a. What is B? QUESTION 18 2a. What is C? QUESTION 19 b. Who has increasing marginal cost, who has decreasing marginal cost, and who has constant marginal cost? O Amy has increasing MC; Bill has decreasing MC; Carl has consistant MC O Bill has increasing MC; Carla has decreasing MC; Amy has consistant MC O Carla has increasing MC; Amy has decreasing MC; Bill has consistant MC O Amy has increasing MC; Carla has decreasing MC; Bill has consistant MC