QUESTION 15 18 points Save Answe The profit-maximizing principle is In the case that the profit-maximizing point is in between two quantity levels, you should generally choose the higher (higher, lower) level to avoid a negative marginal profit. Complete the following Table: (Do NOT put '$', just the number). Note that our quantities are produced in batches of 10. This means when solving for MR, you should divide your answers by 10 to match the formula: MR = fractriangle TRtriangleQ Price Quantity TC ATC TR MR $25.00 0 $130 $0 $24.00 10 $275 $27.50 $ $ 240 240 $23.00 20 $435 $21.75 $ $ 460 220 $22.50 30 $610 $20.33 $ $ 675 215 $22.00 40 $800 $20.00 $ 880 205 $21.60 50 $1,005 $20.10 $ $ 1080 200 $ $21.20 60 $1,225 $20.42 $ 1272 192 The profit-maximizing quantity level is 40 and the price level is $ 205 Yielding a profit of $ 190 MC intersects ATC closes to the quantity level of 40