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Author Question: Central Grocery in New Orleans is famous for its muffaletta, a large round sandwich filled with deli ... (Read 310 times)

futuristic

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on: Oct 8, 2019

Central Grocery in New Orleans is famous for its muffaletta, a large round sandwich filled with deli meats and topped with a tangy olive salad. Suppose the following table represents cost and revenue data for Central Grocery. Fill in the columns for TR, MR, MC, ATC, and profit. If Central Grocery wants to maximize profits, what price should it charge for a muffaletta, what quantity should it sell, and what will be the amount of its total profit?

Muffalettas Sold per DayPrice (P)Total Revenue (TR)Marginal Revenue (MR)Total Cost (TC)Marginal Cost (MC)Average Total Cost (ATC)Profit
         0   $15                $12        
         1     14                18            
         2     13                20                
         3     12                21                  
         4     11                  23                
         5     10                    26                
         6       9                    30                
         7       8                    35                
         8       7                    42                
         9       6                52                
       10       5                78            
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Marked as best answer by futuristic on Oct 8, 2019

BUTTHOL369

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Reply #1 on: Oct 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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futuristic

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Reply 2 on: Oct 8, 2019
Great answer, keep it coming :)

adf223

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Reply 3 on: Yesterday
Excellent

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