Maria manages a bakery that specializes in ciabatta bread, ans she has the following information on the bakery's demand and costs:

Bread sold per hour (Q)

Price (P)

Total Cost (TC)

0

$6.00

$3.00

1

5.50

7.00

2

5.00

10.00

3

4.50

12.50

4

4.00

14.50

5

3.50

16.00

6

3.00

17.00

7

2.50

18.50

8

2.00

21.00

b.) What is the marginal revenue Maria recieves from selling the profit-maximizing quantity of ciabatta bread? What is the marginal cost of producing the profit-maximizing quantity of ciabatta bread?

    • 5 years ago
    Maria manages a bakery
    NOT RATED

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