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The table below shows the total cost (TC) and marginal cost (MC) for Baker Street, a perfectly competitive firm producing different 4 quantities of apple
The table below shows the total cost (TC) and marginal cost (MC) for Baker Street, a perfectly competitive firm producing different 4 quantities of apple pies. The market price of apple pies is $6.00 per pie. a. Fill in the marginal revenue (MR) and average revenue (AR) columns. Instructions: Round your answers to two decimal places 6 Baker Street's Costs and Revenues points Quantity (apple pies) TC (dollars) MC (dollars) MR AR (dollars) (dollars) eBook 10 $55.00 $3.00 $ $ 15 67.50 2.50 References 20 82.50 3.00 25 102.50 4.00 30 132.50 6.00 35 172.50 8.00 Instructions: Enter your answers as a whole number b. At the market price of $6.00 per apple pie, how many apple pies should Baker Street make? apple pies c. If the market price for apple pies were to rise to $8.00 per apple pie, how many apple pies should Baker Street make
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