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Q: If change in total revenue is $120 And change in output is 6 units Calculate marginal revenue
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Q: (1) The revenue for a product is R(x) = -0.004x? + 21x 6200 and the cost is C(x) = 0.02x + 38, for x…
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Q: Calculate total revenue of a firm given that:- Profit = $500 Total cost = $1100
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Q: (1) The revenue for a product is R(x) = -0.004x? + 21x – 6200 and the cost is C(x) = 0.02x + 38, for…
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Q: Calculate the value of total revenue when average revenue is $77 and the no of units sold is 7
A: # The formula for average revenue is:- AR = TR/Q So TR = AR * Q
Calculate the value of average revenue when total revenue is $400 and the no of units employed are 24
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- Quantity of Output Produced (units) 1 2 3 4 5 6 7 Total Variable Cost ($) $90 $100 Impossible to determine 100 190 270 340 420 510 610 According to the Table above, the firms total fixed cost is Increasing O Decreasing Total Cost ($) 200 290 370 440 520 610 710Calculate the value of TR when average revenue is 30 and no of units employed is 101 points Save Answet A firm produces 200 units and the total cost of production is $4000. When they increase output to 220, the cost rises to $4200. Calculate the marginal cost? Show step by step calculation. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial 14px
- EGR 116 Project 2 Controlling Motor Speed Word References Mailings Review View Help Tell me what you want to do AaBbCcDdE AaBbCcL AaBbC AAB6CCI AaBbCc) A 1 Caption Emphasis Heading 1 1 Normal Strong Paragraph Styles Beaverduck Bus Company wants to compute the cost of adding a third daily bus between Eugene and Corvallis, Oregon. Comment on the following statement of Abby Abacus, the company's accountant: "If we add the third bus, our total cost would increase form $700 to $780. Therefore, the marginal cost of the third bus is $260 ($780 divided by 3)."Profits for Mia's chocolate shop is $2300 Total revenue generated is $4100 Find the value of total costCalculate total revenue for shoes firm whose profit is $400 and Total cost is $800