Question: 1). Complete the table. For the Percent contribution margin use (P-MC)/P. (FOR MR, MC, AVC, MR-MC & PERCENT CONTRIBUTION MARGIN, ROUND TO 2 DECIMAL PLACES.

1). Complete the table. For the Percent contribution margin use (P-MC)/P. (FOR MR, MC, AVC, MR-MC & PERCENT CONTRIBUTION MARGIN, ROUND TO 2 DECIMAL PLACES. FOR TOTAL REVENUE, TOTAL COST AND PROFIT ROUND TO NEAREST WHOLE DOLLAR) Average Percent Quantity Total Marginal Fixed Variable Total Variable Marginal Contribution Price Demanded Revenue Revenue Cost Cost Cost Cost Cost MR - MC Profit Margin 18 600 500 5210 17 700 500 5640 16 800 500 6135 15 900 500 6700 14 1000 500 7335 13 1100 500 8060 12 1200 500 8900

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