Question: What steps would I take to complete the table.. Please include formulas . Thank you! 1. Complete the missing numbers in the table below. No.

What steps would I take to complete the table.. Please include formulas . Thank you!

What steps would I take to complete the table.. Please include formulas

1. Complete the missing numbers in the table below. No. of VC FC TC AFC AVC ATC MC Earrings 0 30 1 10 2 15 5 3 55 10 90 2. If the market equilibrium price is $15, how many earrings will be produced to maximize profit? (making earrings is a perfectly competitive industry) Answer: earrings

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