E4PQARCPOINTTotal RevenueMarginal Revenue7100 6.5200 6300 5.5400 5500 4.5600 4700 3.5800 3900 2.51000 21100 1.51200 find the remaining values and writ the comments on the results? P76.565.554.543.532.521.5Q100200300400500600700800900100011001200ECON 511Managerial EconomicARC POINTTotal Revenue Marginal RevenueKindly find the remaining values and writ the comments on the results?O

The remaining values can be found using the following formulas Arc elasticity is calculated by…

Answered: Kindly find the remaining values and…

Business

Economics

Kindly find the remaining values and writ the comments on the results?

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter2: The One Lesson Of Business

Section: Chapter Questions

Problem 2.1IP

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Question

P	Q	ARC	POINT	Total Revenue	Marginal Revenue
7	100
6.5	200
6	300
5.5	400
5	500
4.5	600
4	700
3.5	800
3	900
2.5	1000
2	1100
1.5	1200

find the remaining values and writ the comments on the results?

P
7
6.5
6
5.5
5
4.5
4
3.5
3
2.5
2
1.5
Q
100
200
300
400
500
600
700
800
900
1000
1100
1200
ECON 511
Managerial Economic
ARC POINT
Total Revenue Marginal Revenue
Kindly find the remaining values and writ the comments on the results?
O

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