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Refer to the profit maximization table below. A lobster catch is sold by a fisher at $15 per kilogram. a. Fill in the table, writing

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Refer to the profit maximization table below. A lobster catch is sold by a fisher at $15 per kilogram. a. Fill in the table, writing out dollars and cents e.g. $1.00 or $0.10. Remember to include a minus (-lsign for any negative entries and to round 0.005 up to 0.01. (7) (3) (1) (2) (3) (4) (5) (6) Average Fixed Average Variable (9) (10) Price Quantity Total Revenue Fixed Cost Variable Cost Total cost Cost cost Average cost Marginal Cost ($ per kg) (kg per dag) {$2 {$2 ($1 (5) ($ per kg) (3 per kg) ($ per kg) ($ per kg) 15 8 1,288 15 299 3,596 15 469 4,886 15 699 6,596 15 869 8,986 15 1,999 12,509 b. Draw the sher's marginal revenue, marginal cost, and average cost curves in the graph below. Using the tools provided plot only the 2 endpoints for the marginal revenue curve and 5 points each for the marginal cost and average cost curves for a total at 12 points Remember that marginal values such as marginal cost are plotted halfway beMeen the Mo relevant quantity levels on the horizontal axis. (0 Revenue and Cost for 3 Fisher Tools C12? @ MR 3 per Kg Get 0 200 400 600 000 1000 1200 c. This fisher's prot-maximizing quantity is (Click to select) v d. Does this fisher stay in business in the long run? 0 Yes 0 No kilograms. At this quantity, the fisher is making a (Click to select) v of$

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