Table Analysis Sections 7 2 7 3 Production Cost and 8 2 8 3 Perfect Competition and Marginal Analysis Sweet Syrup's table for questions 1 to 4 Sweet Syrup Inc produces and sells syrup to the market The table records the production schedule from 0 to 12 bottles and their corresponding total cost on a certain day The market price for each bottle of syrup is $8 Quantity (Q) Bottles per day Total Cost (TC) Marginal Cost (MC) Total Revenue (TR) Marginal Revenue (MR) Total profit loss 0 15 1 22 2 27 3 30 4 32 5 33 6 34 7 36 8 40 9 44 10 51 11 60 12 76 1) From the given information, calculate total revenue, total profit loss, marginal cost, and marginal revenue Fill in the table with your calculated figures Write down which formula you are using for the answers Demonstrate a few examples of your mathematical work so that you don't need to type up all mathematical work in the table

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Question: Table Analysis Sections 7.2 & 7.3 Production Cost and 8.2 & 8.3 Perfect Competition and Marginal Analysis Sweet Syrup's table for questions 1 to 4

Table Analysis Sections 7.2 & 7.3 Production Cost and 8.2 & 8.3 Perfect Competition and Marginal Analysis

Sweet Syrup's table for questions 1 to 4

Sweet Syrup Inc. produces and sells syrup to the market. The table records the production schedule from 0 to 12 bottles and their corresponding total cost on a certain day. The market price for each bottle of syrup is $8.

Quantity (Q) Bottles per day	Total Cost (TC)	Marginal Cost (MC)	Total Revenue (TR)	Marginal Revenue (MR)	Total profit/loss
0	15
1	22
2	27
3	30
4	32
5	33
6	34
7	36
8	40
9	44
10	51
11	60
12	76

1) From the given information, calculate total revenue, total profit/loss, marginal cost, and marginal revenue. Fill in the table with your calculated figures. Write down which formula you are using for the answers. Demonstrate a few examples of your mathematical work so that you don't need to type up all mathematical work in the table.

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