Question: Please find attached a 2 part question, one which is in excel and another follow-up questions Step Justmetions Possible elD12 alum. in el D27 E12

Please find attached a 2 part question, one which is in excel and another follow-up questions

Please find attached a 2 part question, one which is in exceland another follow-up questions Step Justmetions Possible elD12 alum. in el D27

Step Justmetions Possible elD12 alum. in el D27 E12 down the colin. to call E27 F12 by using a F27 She G13 G27 H13 H27 in colon. to oil 127 8. E30 "is find if the jpues is set 95. H30 E32 H32-132 1. D38 and absolke calleisen The oxipiti. call C38 and the j um to el D53 E53 F38 F53 14 15. G39 I C39. Copy G53 H39 H53 16 . cel 138 17 15. 68 E56 just far the fit if the juries is $12. 18 5.o H56 19 5. call E58 H58-158 should jodies wirr. 15 juves t S12Problem 61 Use a cell reference or a single formula where appropriate in order to receive full credit. Do not copy and paste values or type values, as you will not receive full credit for your answers. A competitive rm's cost of producing q units of output is C = 18 + 49 + q 2. Its corresponding marginal cost is MC = 24 + 4. c = 18 4 q + q MC = 4 -- 2 q a} The rm faces a market price p = $24. Calculate the revenues, total costs, variable costs, prots, average variable costs, and marginal costs for q = 0, 1, 2, . . ., 15. p = $24 R C VC AVC MC Prot Determine the prot-maximizing output for the rm and the corresponding prot. The maximum prot is_ when the output is_ . The rm should_ as the price is the average variable cost. h} Suppose the competitive price declines to p = $12. Repeat the calculations of part (a). p = $12 R C VC AVC MC Prot Determine the prot-maximizing output for the rm and the corresponding prot. The maximum prot is_ when the output is_ . The rm should _ as the price is the average variable cost

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