Question
STEP: 1 of 2 the following table presents the expected cost and revenue data for the Tucker Tomato Farm. The Tuckers produce tomatoes in
STEP: 1 of 2 the following table presents the expected cost and revenue data for the Tucker Tomato Farm. The Tuckers produce tomatoes in a greenhouse and sel mem wholesale in a price taker market. Complete the table by calculating the firm's marginal cost, average variable cost, average total cost, and profit schedules. Round your answers to the earest whole dollar figure. For example, round $316.66 to $317, or $321.42 to $321. A-Z 6 Output Total Cost ($ Per (tons) Ton) Marginal Cost Average Variable Cost Average Total Cost Profit at $250 per ton Profit at $200 per ton Profit at $150 per ton 0 $500 -$500 -$500 -$500 $100 1 $600 $500 S 5 S $50 2 $650 $600 $300 $ S S $100 3 $750 $650 $ S $150 4 $900 $750 $ $ $ S $200 5 $1,100 $900 $ $ S S $250 6 $1,350 $1100 $ $ $ $400 7 $1,750 $1350 S $ $550 8 $2,300 $1750 $700
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