4h Understanding excess capacity The following iable shin-rs the daily cost data and demand schedule For a typical firrn producing boa rd QEIITIE in…

I have a question on understanding excess capacity any help would be appreciated

4h Understanding excess capacity The following iable shin-rs the daily cost data and demand schedule For a typical firrn producing boa rd QEIITIE in a rnnnppcllisiically ccirrqnetitiye marloet in the short run. fill in the ire-lug in the Marginal Cost, Total Revenue, and Marginal Revenue cplumns in the Fallewr’ng table and then answer the demons that Fin-How. Quantity Price Total Cost: Marginal Crust Telal Revenue Marginal Revenue Average Total Cost{Baa-rd ganja} {Dollars per-game} [Dollars] ffl’ullars] {Dollars} {Dollars} {Dollars}1 12-0“ 1“ |:| l:l |:| l:l2 1mm 1’5 |:| l:l |:| l:l3 1.00 15‘ |:| l:l |:| l:l:E5 4"“ 45 El l:l |:| l:l1" 2’00 7“ l:l |:| l:lUnder rnuncipulistic mmpeljticin. a typical firm will produce |:| board games at a price of per board game in the shcurt run.Based cm yciur calculations. the firm will 7 . fill in the Average Total Cost column in the memes tallle. Based cm yciur calculations, the level of ms capacity in this numpulistically competitive marloet is T .

 
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