Complete the table below for a monopolistically competitive firm: $\begin{array} { l }
\text { output}& \text { price}& \text { total revenue}& \text {marginal revenue }& \text { total cost}& \text { average total cost}& \text { marginal cost}& \text {profit } \
0&\$14&\$0&-&\$2&-&-&-\$2\
1&12&&\$12&6&\$6&\$4\
2&&20&&8&&2\
3&8&&4&12&4&4\
4&&24&0&20&5\
5&4&&-4&34&7&14
\end{array}$

Question

Complete the table below for a monopolistically competitive firm: $\begin{array} { l  }
 \text { output}& \text { price}& \text { total revenue}& \text {marginal revenue }& \text { total cost}& \text { average total cost}& \text { marginal cost}& \text {profit } \
0&\$14&\$0&-&\$2&-&-&-\$2\
1&12&&\$12&6&\$6&\$4\
2&&20&&8&&2\
3&8&&4&12&4&4\
4&&24&0&20&5\
5&4&&-4&34&7&14
\end{array}$

Quizplus · Accepted Answer

The Answer of Complete the table below for a monopolistically competitive firm: $\begin{array} { l  }
 \text { output}& \text { price}& \text { total revenue}& \text {marginal revenue }& \text { total cost}& \text { average total cost}& \text { marginal cost}& \text {profit } \
0&\$14&\$0&-&\$2&-&-&-\$2\
1&12&&\$12&6&\$6&\$4\
2&&20&&8&&2\
3&8&&4&12&4&4\
4&&24&0&20&5\
5&4&&-4&34&7&14
\end{array}$

Complete the Table Below for a Monopolistically Competitive Firm