Top Posters
Since Sunday
j
22
22
i
19
a
18
z
18
m
17
D
17
16
j
16
K
16
s
16
a
16
New Topic  
wrote...
Posts: 209
5 months ago
Fill in the columns in the following table and use the values in the table to determine the profit-maximizing level of output.

QuantityTotal Revenue (TR)Total Cost (TC)ProfitMarginal Revenue (MR)Marginal Cost (MC)
003
155
2106
3158
42011
52515
63021
73530
84042
94560
105085
Textbook 

Microeconomics

Edition: 7th
Authors:
Read 22 times
1 Reply
Replies
Answer verified by a subject expert
wrote...
Posts: 231
Rep: 9 0
5 months ago
Sign in or Sign up in seconds to unlock everything.
QuantityTotal Revenue (TR)Total Cost (TC)ProfitMarginal Revenue (MR)Marginal Cost (MC)
003-3————
155052
2106451
3158752
42011953
525151054
63021956
73530559
84042-2512
94560-15518
105085-35525
The profit-maximizing level of output is 5 units.
Related Topics
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  127 People Browsing
Your Opinion
Who's your favorite biologist?
Votes: 42

Related Images
 887
 539
 471