Question: 1) Complete the missing data for each worksheet using the market price provided on each sheet.Be sure to fill in all of the columns. Price






1) Complete the missing data for each worksheet using the market price provided on each sheet.Be sure to fill in all of the columns.






Price = $32 per unit sold Units of Total Product | Revenue Total Cost Data Total Profits Average Cost Data Marginal Data Total Total Total Total AVC MC Fixed Product Variable Total TR - TC AFC (TVC/# ATC MR Marginal Revenue Cost Cost Cost units) (TC2-TC )/(Q2-Q1) (TR2-TR1)/(Q2-Q1) Profits $0 $60 $60 $32 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 $8 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $38 Units of Total Total Product Total Cost Data |Revenue Profits Average Cost Data Marginal Data Total Total MC MR Fixed Variable Total AVC Total Total (TC2- TR2- Marginal Product Revenue Cost Cost TR - TC ATC Cost AFC (TVC/# TC )(Q2- TR1)/(Q2- Profits units) Q1) Q1) $0 $60 $60 ($60) $38 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 $8 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $41 Units of Total Product Revenue Total Cost Data Total Profits Average Cost Data Marginal Data Total Total Total Total Fixed Variable Total AVC MC Revenue TR - TC AFC ATC MR Marginal Product Cost Cost Cost (TVC/# units) (TC2-TC )/(Q2-Q1) (TR2-TR1)/(Q2-Q1) Profits $0 $60 $60 $41 60 45 105 $60 $45.00 $105.00 2 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 CO 60 325 385 $8 40.63 48.13 LO 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $46 Units of Total Total Product Total Cost Data Revenue Profits Average Cost Data Marginal Data Total Total MC MR Total Total Fixed Variable Total AVC (TC2- (TR2- Cost Marginal Product Revenue Cost Cost TR - TC AFC (TVC/# ATC TCM/(Qz- TR1)/(Q2- Profits units) Q1) Q1) $0 $60 $0 $60 $46 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 59 38.57 47.14 60 325 385 $8 40.63 48.13 LO 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $56 Units of Total Total Cost Data Total Product | Revenue Profits Average Cost Data Marginal Data Total Total MC MR Total Total Fixed Variable Total AVC (TC2- TR - TC AFC (TVC/# TR2- Product Revenue Cost Cost ATC Marginal Cost TC )/(Q2- TR1)/(Q2- Profits units) Q1) Q1) 0 $60 $0 $60 $56 60 45 105 $60 $45.00 $105.00 60 35 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 $8 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50Price per unit sold = $66 Units of Total Total Product Revenue Total Cost Data Profits Average Cost Data Marginal Data Total Total MC MR Total Total Fixed Variable Total AVC (TC2 TR - TC AFC TVC/# ATC (TR2- Product Revenue Cost Marginal Cost Cost TCM(Q2- TR1)/(Q2- Profits units) Q1) Q1) $0 $60 $60 $66 60 45 105 $60 $45.00 $105.00 60 85 145 $30 42.50 72.50 60 120 180 $20 40.00 60.00 60 150 210 $15 37.50 52.50 60 185 245 $12 37.00 49.00 60 225 285 $10 37.50 47.50 60 270 330 $9 38.57 47.14 60 325 385 40.63 48.13 60 390 450 $7 43.33 50.00 10 60 465 525 $6 46.50 52.50
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