Note: the answer should be typed. 17. Using the information in the table below, calculate the MRPS for Point C.Point Y1Y2MRPSABCDEF68940X104561098A. (6-8)/(8-6) = -1B. (0-5)/(10-9) = -5C. (9-10)/(4-0) = -0.25D. (8-9)/(6-4) = -0.5018. Using the information in the table below, calculate MC for 70 units of output (Y).YTFC TVC TC AVC ATC TR ProfitMCMR4560$30.00 $15.00 сA$30.00 $25.007077$30.00 B650Input cost (Px) = 5.00Output price (Py) = 4.00$20.00 $50.00$0.33 $1.00 $180.00 HE $0.83 $240.00 $190.00 ID $0.36 F $280.00 $225.00 J$60.00 $0.39 $0.78 G $248.00 $0.71A. 50/60 0.83B. (5550)/(70 - 60) = 0.50C. (6055)/(77-70) = 0.71D. 55/70 0.79h....www.$4.00$4.00$4.00

Since you have posted multiple questions, we will provide the solution only to the first question as…

17. Using the information in the table below, calculate the MRPS for Point C. Point Y1 Y2 MRPS A B C D E F 0 4 6899 10 10 9 865 5 0 A. (6-8)/(8-6)= -1 B. (0-5)/(10-9) = -5 C. (9-10)/(4-0) = -0.25 D. (8-9)/(6-4)= -0.50

17. Using the information in the table below, calculate the MRPS for Point C. Point Y1 Y2 MRPS A B C D E F 0 4 6899 10 10 9 865 5 0 A. (6-8)/(8-6)= -1 B. (0-5)/(10-9) = -5 C. (9-10)/(4-0) = -0.25 D. (8-9)/(6-4)= -0.50

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Note: the answer should be typed.

17. Using the information in the table below, calculate the MRPS for Point C.
Point Y1
Y2
MRPS
A
B
C
D
E
F
68940
X
10
4
5
6
10
9
8
A. (6-8)/(8-6) = -1
B. (0-5)/(10-9) = -5
C. (9-10)/(4-0) = -0.25
D. (8-9)/(6-4) = -0.50
18. Using the information in the table below, calculate MC for 70 units of output (Y).
Y
TFC TVC TC AVC ATC TR Profit
MC
MR
45
60
$30.00 $15.00 с
A
$30.00 $25.00
70
77
$30.00 B
6
5
0
Input cost (Px) = 5.00
Output price (Py) = 4.00
$20.00 $50.00
$0.33 $1.00 $180.00 H
E $0.83 $240.00 $190.00 I
D $0.36 F $280.00 $225.00 J
$60.00 $0.39 $0.78 G $248.00 $0.71
A. 50/60 0.83
B. (5550)/(70 - 60) = 0.50
C. (6055)/(77-70) = 0.71
D. 55/70 0.79
h
....
www.
$4.00
$4.00
$4.00

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