Assignment 2: Market FormsFor this assignment you will do a significant portion of work in MS Excel and import it into an MS Word document for submission. You will use the data below to address Price
Table 1 |
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Output | Average Fixed cost | Average Variable Cost | Average Total Cost | Marginal Cost | Price | Total Revenue | Marginal Revenue |
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| $ 345.00 |
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$ 180.00 | $ 135.00 | $ 315.00 |
| $ 300.00 |
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$ 90.00 | $ 127.50 | $ 217.50 |
| $ 249.00 |
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$ 60.00 | $ 120.00 | $ 180.00 |
| $ 213.00 |
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$ 45.00 | $ 112.50 | $ 157.50 |
| $ 189.00 |
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$ 36.00 | $ 111.00 | $ 147.00 |
| $ 165.00 |
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$ 30.00 | $ 112.50 | $ 142.50 |
| $ 144.00 |
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$ 25.71 | $ 115.70 | $ 141.41 |
| $ 126.00 |
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$ 22.50 | $ 121.90 | $ 144.40 |
| $ 111.00 |
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$ 20.00 | $ 130.00 | $ 150.00 |
| $ 99.00 |
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10 | $ 18.00 | $ 139.50 | $ 157.50 |
| $ 87.00 |
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