15 Bags/ Fixed Variable Total Average Variable Marginal Total Revenue Marginal Total Participants Cost Cost Cost Cost Cost wt Price $20 Revenue Profit 1700 1700 -1700 100 1700 500 2200 5 5 2000 20 -200 200 1700 1200 2900 6 7 4000 20 1 100 300 1700 2700 4400 15 6000 20 1600 400 1700 5200 6900 13 25 8000 20 1100 500 1700 9000 10700 18 38 10000 20 700 600 1700 15000 16700 25 60 12000 20 4700 700 1700 23800 25500 34 88 14000 20 -11500 800 1700 36800 38500 46 130 16000 20 -22500 900 1700 55800 57500 62 190 18000 20 -39500 1000 1700 83000 84700 83 272 20000 20 -64700