Question

The market for apple pies in the city of Ectenia is competitive and has the following demand schedule:
Each producer in the market has fixed costs of $9 and the following marginal cost:
i. Compute each producer’s total cost and average total cost for 1 to 6 pies.
ii. The price of a pie is now $10. How many pies are sold? How many pies does each producer make? How many producers are there? How much profit does each producer earn?

Answer 1

Answer:

I don't read sociology so sorry