Home /
Expert Answers /
Economics /
the-table-below-shows-the-total-cost-tc-and-marginal-cost-mc-for-baker-streel-a-perfectly-comp-pa989
(Solved): The table below shows the total cost (TC) and marginal cost (MC) for Baker Streel, a perfectly comp ...
The table below shows the total cost (TC) and marginal cost (MC) for Baker Streel, a perfectly competitive firm producing different quantities of apple ples. The market price of apple ples is \( \$ 1200 \) per ple. a. Fill in the marginal revenue (MR) and average revenue (AR) columns. Instructions: Round your answers to two decimal places. Instructions: Enter your answers as a whole number. b. Al the market price of \( \$ 12.00 \) per apple pie, how many apple ples should Baker Street make? apple pies c. If the market price for apple ples were to rise to \( \$ 14.00 \) per apple ple, how many apple pies should Baker Street make? apple ples