the cost of and return on pie production\npies produced per day total cost marginal cost total revenue…

the cost of and return on pie production\npies produced per day total cost marginal cost total revenue marginal revenue profit\n0 $0.00 $0.00 — — $0.00\n1 $1.00 $1.00 $10.00 $10.00 $9.00\n2 $1.50 $0.50 $20.00 $10.00 $18.50\n3 $1.75 $0.25 $30.00 $10.00 $28.25\n4 $2.25 $0.50 $40.00 $10.00 $37.75\n5 $3.50 $1.25 $50.00 $10.00 $46.50\n6 $5.00 $1.50 $60.00 $10.00 $55.00\nwhat most likely will happen if the pie maker bakes a seventh pie?\nthe marginal cost will most likely decrease to $1.00\nthe marginal cost will most likely increase to $2.00\nthe marginal revenue will most likely decrease to $8.00.\nthe marginal revenue will most likely increase to $12.00.

the cost of and return on pie production\npies produced per day total cost marginal cost total revenue marginal revenue profit\n0 $0.00 $0.00 — — $0.00\n1 $1.00 $1.00 $10.00 $10.00 $9.00\n2 $1.50 $0.50 $20.00 $10.00 $18.50\n3 $1.75 $0.25 $30.00 $10.00 $28.25\n4 $2.25 $0.50 $40.00 $10.00 $37.75\n5 $3.50 $1.25 $50.00 $10.00 $46.50\n6 $5.00 $1.50 $60.00 $10.00 $55.00\nwhat most likely will happen if the pie maker bakes a seventh pie?\nthe marginal cost will most likely decrease to $1.00\nthe marginal cost will most likely increase to $2.00\nthe marginal revenue will most likely decrease to $8.00.\nthe marginal revenue will most likely increase to $12.00.

Answer

Explanation:

Step1: Analyze marginal - cost trend

Looking at the marginal - cost values in the table: $1.00, 0.50, 0.25, 0.50, 1.25, 1.50$. The marginal cost has been increasing overall.

Step2: Predict for the 7th pie

Based on the increasing trend of marginal cost, it is likely to continue increasing. Among the given options, an increase to $$2.00$ is a reasonable prediction.

Step3: Analyze marginal - revenue trend

The marginal revenue has been constant at $$10.00$ for all the values in the table, so it is not likely to change to $$8.00$ or $$12.00$.

Answer:

The marginal cost will most likely increase to $2.00.