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Tidy Tidy
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8 years ago
Fill in the columns in the following table and use the values in the table to determine the profit-maximizing level of output.

Quantity   Total Revenue (TR)   Total Cost (TC)   

Profit   Marginal Revenue (MR)   
Marginal Cost (MC)
        0           0         3         
        1           5         5         
        2         10         6         
        3         15         8         
        4         20        11         
        5         25        15         
        6         30        21         
        7         35        30         
        8         40        42         
        9         45        60         
      10         50        85
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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SmooothSmoooth
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8 years ago
No problemo Happy Dummy
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