I\'m lost and already got the answer wrong twice. please show the formula and yo
ID: 1162722 • Letter: I
Question
I'm lost and already got the answer wrong twice. please show the formula and your calculation for the marginal cost
3) Question Help * Text Problem 23-4c market is perfectly competitive, and the market price ota The table below represents the hourly output and cost structure for a local pizza shop The 0 15 15 400 Desktop of output and fill in the values in the table 65.0 Download 900 Documen tQuc acce pizza in the area is $10 Total cost's includ de all implicit opportunity costs. Cakculate the pizza shops marginal cost and maiginal revenue at each rate Total Hourly Output Total Hourty Total Total Economic Ma Marginal and Sales of Pizzas S) Profit (3) Cost)Revenue (3) Cost (s) Revenue ($) 10 20 30 40 50 60 70 B0 Music 12 thei Videos reve Dropbox 21 15 21 29 39 51 67 35 39 41 41 39 OneDrive 031 1 7 2 9 3 10 Network 5 1 100 10 poes the mae Enter your answer in the edit fields and then click Check AnswerExplanation / Answer
The formula for MC = change in total cost/change in output
Total Hourly Output and sales of pizzas
Total Hourly cost
Total Revenue
Total Economic Profit
Marginal Cost
Marginal Revenue
0
2
0
0
1
6
10
4
4
10
2
8
20
12
2
10
3
9
30
21
1
10
4
11
40
29
2
10
5
15
50
35
4
10
6
21
60
39
6
10
7
29
70
41
8
10
8
39
80
41
10
10
9
51
90
39
12
10
10
67
100
33
16
10
Total Hourly Output and sales of pizzas
Total Hourly cost
Total Revenue
Total Economic Profit
Marginal Cost
Marginal Revenue
0
2
0
0
1
6
10
4
4
10
2
8
20
12
2
10
3
9
30
21
1
10
4
11
40
29
2
10
5
15
50
35
4
10
6
21
60
39
6
10
7
29
70
41
8
10
8
39
80
41
10
10
9
51
90
39
12
10
10
67
100
33
16
10
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