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The graph below depicts the revenue and cost curves for Pike's Flower Shop. Pike's Flower Shop 20 MC 18 16 ATC 14 MR AVC Costs

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The graph below depicts the revenue and cost curves for Pike's Flower Shop. Pike's Flower Shop 20 MC 18 16 ATC 14 MR AVC Costs and Revenues (dollars) 0 25 50 75 100 125 150 175 200 225 250 Quantity (bouquets of flowers) Instructions: Enter your answers as a whole number. a. What is the market price for a bouquet of flowers? b. What Is the profit-maximizing level of output for Pike's? bouquets C. What are Pike's weekly profits at the profit-maximizing level of output? $ d. At what market price is a normal profit generated

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