3.For all next ten questions, consider the attached table, which describes the K
ID: 1225861 • Letter: 3
Question
3.For all next ten questions, consider the attached table, which describes the Kaener Firm, a profit-maximizing price taker. Use the information provided to fill in the requested blanks (you will not be asked to provide the values for all of them).
1.Enter the value for cell B.
2. Enter the value for cell D.
3.Enter the value for cell E.
4. Enter the value for cell H.
Enter only numbers, a decimal point, and/or a negative sign in your answer. Round your final answer to two decimal places as needed.
Q TC MC TR MR Profits 0 $30 - - - - H - - - - R 1 A $30 I M $0 2 B $40 $120 $60 S 3 $150 E J N T 4 C F K O $30 5 $280 G $300 P U 6 D $80 L Q VExplanation / Answer
VALUE OF
1. B
=A+40
SINCE A=30+30=60
B=60+40=100
2.D
=280+80
=360
3.E
=150-B
=150-100
=50
4.
P=TR/Q
=120/2
=60
H=0*P=0