The table below gives Amy's total cost schedule for producing holiday wreaths.Amy is a perfect competitor and can sell each wreath for $9.
a∙Complete the table by calculating Amy's total revenue and her profit or loss schedule.

b∙When Amy is producing 4 wreaths, what is her total cost? What is her total revenue? What is her economic profit or economic loss?
c∙What number of wreaths maximizes Amy's profit?

Question

The table below gives Amy's total cost schedule for producing holiday wreaths.Amy is a perfect competitor and can sell each wreath for $9.
a∙Complete the table by calculating Amy's total revenue and her profit or loss schedule.
  
b∙When Amy is producing 4 wreaths, what is her total cost? What is her total revenue? What is her economic profit or economic loss?
c∙What number of wreaths maximizes Amy's profit?

Quizplus · Accepted Answer

The Answer of The table below gives Amy's total cost schedule for producing holiday wreaths.Amy is a perfect competitor and can sell each wreath for $9.
a∙Complete the table by calculating Amy's total revenue and her profit or loss schedule.
  
b∙When Amy is producing 4 wreaths, what is her total cost? What is her total revenue? What is her economic profit or economic loss?
c∙What number of wreaths maximizes Amy's profit?

The Table Below Gives Amy's Total Cost Schedule for Producing