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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 quantities of apple pies.

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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 quantities of apple pies. The market price of apple pies is $10.00 per pie. a. Fill in the marginal revenue (MR) and average revenue (AR) columns. Instructions: Round your answers to two decimal places. Baker Street's Costs and Revenues Quantity MR (apple pies) TC (dollars) MC (dollars) (dollars) (dollars) $205.00 $7.00 tA 237.50 6.50 ces 272.50 7.00 312.50 8.00 362.50 10.00 422.50 12.00 Instructions: Enter your answers as a whole number. b. At the market price of $10.00 per apple pie, how many apple pies should Baker Street make? apple pies

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