Question

0 of 1 pt 4 of 8 (8 complete) HW Score: 75.6%, 6.05 of 8 xt Problem 23-4c Question Help below represents the hourly output and cost structure for a local pizza shop. The market is perfectly competitive, and the market price of a pizza in the are costs include all implicit opportunity costs. Calculate the pizza shop's marginal cost and marginal revenue at each rate of output and fill in the values in the Marginal Revenue (S) Total Economic Profit ($) Marginal Cost ($) Total Hourly Cost ($) Total Total Hourly Output and Sales of Pizzas Revenue ($) 3 0 7 16 14 24 10 3 20 32 12 24 40 16 26 48 22 26 56 30 24 64 40 8 20 72 52 9 12 80 68 10 answer in the edit fields and then click Check Answer Check AnsweN Clear All aing トさ8さ8888 or

Could you guys help me this problem? please...

I got wrong 2 times, this is last time to try ..

Answer 1

Output	Total cost	Total revenue	Total profit	MC	MR
0	3	0	0
1	7	8	1	4	8
2	9	16	7	2	8
3	10	24	14	1	8
4	12	32	20	2	8
5	16	40	24	4	8
6	22	48	26	6	8
7	30	56	26	8	8
8	40	64	24	10	8
9	52	72	20	12	8
10	68	80	12	16	8

MC=change in total cost/change in output

MR=change in total revenue/change in output