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Instructions Download the EXCEL spreadsheet and fill in the worksheet for all of the blank cells. The spreadsheet format looks like this: P$30 Total Cost 20 32 Marginal Cost (MC) Marginal Revenue Total Revenue Profit AVC ATC MR AR Pertext Conpetition Ernde Output Variable Cost 0 0 1 12 2 22 3 27 4 40 5 60 6 100 Fixed Cost 20 20 20 20 20 20 20 47 60 80 120 You will fill in all of those cells. The section below this table will tell you if you have done it correctly. Keep trying until all the cells are shown as "correct." Then, answer these questions on the homework through Canvas: (1) What is the profit maximizing quantity? (2) What is the total revenue at that profit maximizing point? (3) How much profit does the firm make? EXCEL Spreadsheet for Homework Take the Quiz Marginal Reve Total Reveal Protin AVC ATC ALL Fill in the boxes with the correct numbers, we formats where appropriate Perfect Competition Example Output Variable Con Fixed Cost Total Cool Martinal Cost (MC) 0 20 20 12 20 22 20 42 27 20 47 40 20 60 80 NO 100 20 120 AL- Marginal Cost (MO Merginal Revenue Total Revenue Profit AVC ATC MR All This will your inperhe is corredor el Perfect Competition Pample 0 Output Variable Fixed Cont Tow Cost 0 20 20 20 32 20 42 27 47 30 00 20 100 120 BNB & RAX BUSSOS

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