Answer Happy

Posted: **Wed Jul 06, 2022 6:34 pm**

: Look At The Table Below For Strawberries What Is The Market Price What Is The Profit Maximizing Level Of Output Show 1 (26.27 KiB) Viewed 22 times

: Look At The Table Below For Strawberries What Is The Market Price What Is The Profit Maximizing Level Of Output Show 2 (21.13 KiB) Viewed 22 times

: Look At The Table Below For Strawberries What Is The Market Price What Is The Profit Maximizing Level Of Output Show 3 (18.67 KiB) Viewed 22 times

Look at the table below for strawberries. What is the market price? what is the profit-maximizing level of output? Show your calculations. Quantity 0 10 20 30 40 50 60 70 80 90 100 Total Cost $62 $90 $110 $126 $144 $166 $192 $224 $264 $324 $404 Fixed Cost $62 $62 $62 $62 $62 $62 $62 $62 $62 $62 $62

Variable Cost $28 $48 $64 $82 $104 $130 $162 $202 $262 $342 Total Revenue $0 $60 $120 $180 $240 $300 $360 $420 $480 $540 $600

Total Revenue $0 $60 $120 $180 $240 $300 $360 $420 $480 $540 $600 Profit - $62 -$30 $10 $54 $96 $134 $168 $196 $216 $216 $196