Number of Baskets
of Fish (per Hour)
1123
2
3
4
5
Price
Total Revenue
Total Cost
Total Profit
$ 0
$ 13
13
13
26
13
39
13
53
13
65
03693 in
$ 10
15
-$ 10
-2
22
31
8
44
61
2400 84
According to the figure and table, what rate of output
Instructions: Enter your responses as a whole number.
i
a. maximizes total revenue?
baskets of fish
b. maximizes profit per unit?
baskets of fish
c. maximizes total profit? (Choose the higher level of output.)
baskets of fish
Marginal Cost
$5
137937