日9ひ Unit 9 In-Class Exercise - FINAL (1) - Word P Search AutoSave ff Jared Holloway JH 스 File Home Insert Draw Design Layout References Mailings Review View Help A Share P Comments Graph the average total cost, average variable, average fixed, and marginal cost curves Unit 9- Cost, Revenue, and Profit The table shows the quantity produced and the total, average, variable, cost, and marginal costs for a firm. Complete the table. Quantity Total Cost Variable Fixed Cost Average Total Cost Average Variable Fixed Average Marginal Cost Cost Cost Cost N/A N/A N/A NA ক 100 50 50 95 180 130 35 50 20 215 225 175 10 25 261 211 49 385 335 450 |10 685 185 Graph the total cost, variable cost, and fixed cost curves. Assume the price is $50, draw the marginal revenue curve and identify the profit maximizing output level and shade in the total profit. Assume the price is $50, draw the total revenue curve and identify the profit maximizing output level and the maximum profit Page 2 of 2 150 words O Focus + 70% 3:23 PM P Type here to search ロ G) 4/22/2020

日9ひ Unit 9 In-Class Exercise - FINAL (1) - Word P Search AutoSave ff Jared Holloway JH 스 File Home Insert Draw Design Layout References Mailings Review View Help A Share P Comments Graph the average total cost, average variable, average fixed, and marginal cost curves Unit 9- Cost, Revenue, and Profit The table shows the quantity produced and the total, average, variable, cost, and marginal costs for a firm. Complete the table. Quantity Total Cost Variable Fixed Cost Average Total Cost Average Variable Fixed Average Marginal Cost Cost Cost Cost N/A N/A N/A NA ক 100 50 50 95 180 130 35 50 20 215 225 175 10 25 261 211 49 385 335 450 |10 685 185 Graph the total cost, variable cost, and fixed cost curves. Assume the price is $50, draw the marginal revenue curve and identify the profit maximizing output level and shade in the total profit. Assume the price is $50, draw the total revenue curve and identify the profit maximizing output level and the maximum profit Page 2 of 2 150 words O Focus + 70% 3:23 PM P Type here to search ロ G) 4/22/2020

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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