Question 23 2.5 pts Casey manages a smoothie shop and has the following information on demand and costs. Use it to answer the following question through question #27. Casey's profit-maximizing level of output (PMLO) or loss-minimizing level of output (LMLO) is: Smoothies per Week Price Total Cost (TC) $6.00 $2.00 5.50 6.00 2. 5.00 9.00 3 4.50 11.50 4 4.00 13.50 un 3.50 15.00 6 3.00 16.00 7 2.50 17.50 8 2.00 20.00 4 smoothies 3 smoothies o 7 smoothies 5 smoothies 6 smoothies Question 24 2.5 pts Casey manages a smoothie shop and has the following information on demand and costs. Use it to answer the following question: The price that Casey should charge is: Smoothies per Week Price Total Cost (TC) 0 $6.00 $2.00 1 5.50 6.00 5.00 9.00 3 4.50 11.50 4 4.00 13.50 5 3.50 15.00 6 3.00 16.00 7 2.50 17.50 8 2.00 20.00 O $2.50 $3.00 O $4.50 $3.50 $4.00 Question 25 2.5 pts Casey manages a smoothie shop and has the following information on demand and costs. Use it to answer the following question: Casey's profit or loss at the PMLO/LMLO IS: Smoothles per Week Price Total Cost (TC) 0 $6.00 $2.00 1 5.50 6.00 2 5.00 9.00 3 4.50 11.50 4 4.00 13.50 5 3.50 15.00 6 3.00 16.00 7 2.50 17.50 2.00 20.00 O $2.00 O $1.00 O $17.50 $2.50 O $13.50 Question 26 2.5 pts Casey manages a smoothie shop and has the following information on demand and costs. Use it to answer the following question: The marginal revenue when selling smoothies at the PMLO/LMLO is: Smoothies per Week Price Total Cost (TC) 0 $6.00 $2.00 1 5.50 6.00 2 5.00 9.00 3 4.50 11.50 4 4.00 13.50 5 3.50 15.00 6 3.00 16.00 7 2.50 17.50 8 8 2.00 20.00 O $2.50 O $3.00 $1.00 O $1.50 $2.00 Question 27 2.5 pts Casey manages a smoothie shop and has the following Information on demand and costs. Use it to answer the following question: The marginal cost when selling smoothies at the PMLO/LMLO is: Smoothies per Week Price Total Cost (TC) $6.00 $2.00 1 5.50 6.00 2 5.00 9.00 3 4.50 11.50 4 4.00 13.50 5 3.50 15.00 6 3.00 16.00 7 2.50 17:50 8 2.00 20.00 O $1.00 $1.50 O $2.50 $2.00 O $3,00