The table shows the TR and TC schedules for a competitive firm. Using your knowledge of cost and profit structures, fill in all the missing blanks.
Table: Cost Schedules $$\begin{array} { c c c c c c c c }
\hline \boldsymbol { Q } \text { (Units) } & \boldsymbol { T R } ( \mathbf { \$ } ) & \boldsymbol { T C } ( \mathbf { ( \$ ) } & \boldsymbol { M R } & \boldsymbol { M C } & \text { Profit } & \begin{array} { c }
\text { Change } \
\text { in Profit }
\end{array} & \boldsymbol { A C } \
\hline 0 & 0 & 30 & & & & \
1 & 80 & 50 & & & & \
2 & 160 & 80 & & & & \
3 & 240 & 120 & & & & \
4 & 320 & 170 & & & & \
5 & 400 & 230 & & & & \
6 & 480 & 300 & & & & \
7 & 560 & 380 & & & & \
8 & 640 & 470 & & & & \
\hline
\end{array}$$

Question

The table shows the TR and TC schedules for a competitive firm. Using your knowledge of cost and profit structures, fill in all the missing blanks.
Table: Cost Schedules $$\begin{array} { c c c c c c c c } 
\hline \boldsymbol { Q } \text { (Units) } & \boldsymbol { T R } ( \mathbf { \$ } ) & \boldsymbol { T C } ( \mathbf { ( \$ ) } & \boldsymbol { M R } & \boldsymbol { M C } & \text { Profit } & \begin{array} { c } 
\text { Change } \
\text { in Profit }
\end{array} & \boldsymbol { A C } \
\hline 0 & 0 & 30 & & & & \
1 & 80 & 50 & & & & \
2 & 160 & 80 & & & & \
3 & 240 & 120 & & & & \
4 & 320 & 170 & & & & \
5 & 400 & 230 & & & & \
6 & 480 & 300 & & & & \
7 & 560 & 380 & & & & \
8 & 640 & 470 & & & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of The table shows the TR and TC schedules for a competitive firm. Using your knowledge of cost and profit structures, fill in all the missing blanks.
Table: Cost Schedules $$\begin{array} { c c c c c c c c } 
\hline \boldsymbol { Q } \text { (Units) } & \boldsymbol { T R } ( \mathbf { \$ } ) & \boldsymbol { T C } ( \mathbf { ( \$ ) } & \boldsymbol { M R } & \boldsymbol { M C } & \text { Profit } & \begin{array} { c } 
\text { Change } \
\text { in Profit }
\end{array} & \boldsymbol { A C } \
\hline 0 & 0 & 30 & & & & \
1 & 80 & 50 & & & & \
2 & 160 & 80 & & & & \
3 & 240 & 120 & & & & \
4 & 320 & 170 & & & & \
5 & 400 & 230 & & & & \
6 & 480 & 300 & & & & \
7 & 560 & 380 & & & & \
8 & 640 & 470 & & & & \
\hline
\end{array}$$

The Table Shows the TR and TC Schedules for a Competitive