Question: The table below shows the total cost ( T C ) and marginal cost ) for Baker Street, a perfectly competitive firm producing different quantities
The table below shows the total cost and marginal cost for Baker Street, a perfectly competitive firm producing different quantities of apple pies. The market price of apple pies is $ per pie.
Instructions: Round your answers to decimal places.
a Fill in the marginal revenue MR and average revenue AR columns.
Baker Street's Costs and Revenues
tabletableQuantityapple piesTC dollarsMC dollarsMR dollarsAR dollars$$$$
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