a) Find total cost, total revenue, marginal revenue, marginal cost, and profit? b) What would happen...

  

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a) Find total cost, total revenue, marginal revenue, marginal cost, and profit? b) What would happen to the firm's profits if the market price increased to $6 per pack of raspberries? c) What would happen to the profit-maximizing output level? QUANTITY 0 VARIABLE COSTS $ 62 FIXED COSTS $ 62 10 $ 90 $ 62 20 $110 $ 62 30 $ 126 $ 62 40 $ 144 $ 62 50 $166 $ 62 60 $192 $ 62 70 $ 224 $ 62 80 $ 264 $ 62 90 $324 $ 62 100 $ 404 $ 62 a) Find total cost, total revenue, marginal revenue, marginal cost, and profit? b) What would happen to the firm's profits if the market price increased to $6 per pack of raspberries? c) What would happen to the profit-maximizing output level? QUANTITY 0 VARIABLE COSTS $ 62 FIXED COSTS $ 62 10 $ 90 $ 62 20 $110 $ 62 30 $ 126 $ 62 40 $ 144 $ 62 50 $166 $ 62 60 $192 $ 62 70 $ 224 $ 62 80 $ 264 $ 62 90 $324 $ 62 100 $ 404 $ 62