what is the marginal revenue for this chart? please show work or the formula used to do this. I want to make sure I am doing it right. AverageRealNominal Nominal Mfg. Rep'sEarningsRevenue Commission Total Cost before Tax(S000)-129.840-7.47917.72871.79296.21691.40590.68067.994SalesPrice/TonPrice(Tons)|($000)($000)($000)Rate2001 2h2002 1h2002 2h2003 1h2003 2h2004 1h2004 2h2005 1h2005 2h2006 1h751001501751852002252752852.0041.9972.0042.0042.0042.0062.0012.0022.003243.975326.903497.280588.618633.271696.312795.292977.3033.583 1021.0675%5%5%5%5%5%5%5%6%6%($000)129.840|251.454309.175425.488492.402541.866605.633727.298988.9731042.1333.2533.2693.3153.3643.4233.4823.5353.554-11.670-21.065

Marginal revenue is in addition to total revenue by selling an additional unit of output. Marginal…

Average Real Nominal Nominal Mfg. Rep's Price Earnings Revenue Commission Total Cost before Tax (S000) -129.840 -7.479 17.728 71.792 96.216 91.405 90.680 67.994 -11.670 -21.065 Sales Price/Ton |(Tons) |($000) ($000) ($000) Rate 5% 5% 5% 2001 2h 2002 1h 2002 2h 2003 1h 2003 2h 2004 1h 2004 2h 2005 1h 2005 2h 2006 1h ($000) 129.840 251.454 309.175 425.488 492.402 541.866 605.633 727.298 988.973 1042.133 2.004 1.997 2.004 2.004 2.004 2.006 2.001 2.002 2.003 3.253 3.269 3.315 3.364 3.423 243.975 326.903 497.280 588.618 633.271 696.312 795.292 977.303 3.583 1021.067 75 100 150 5% 5% 5% 5% 5% 6% 6% 175 185 200 225 3.482 3.535 3.554 275 285

Average Real Nominal Nominal Mfg. Rep's Price Earnings Revenue Commission Total Cost before Tax (S000) -129.840 -7.479 17.728 71.792 96.216 91.405 90.680 67.994 -11.670 -21.065 Sales Price/Ton |(Tons) |($000) ($000) ($000) Rate 5% 5% 5% 2001 2h 2002 1h 2002 2h 2003 1h 2003 2h 2004 1h 2004 2h 2005 1h 2005 2h 2006 1h ($000) 129.840 251.454 309.175 425.488 492.402 541.866 605.633 727.298 988.973 1042.133 2.004 1.997 2.004 2.004 2.004 2.006 2.001 2.002 2.003 3.253 3.269 3.315 3.364 3.423 243.975 326.903 497.280 588.618 633.271 696.312 795.292 977.303 3.583 1021.067 75 100 150 5% 5% 5% 5% 5% 6% 6% 175 185 200 225 3.482 3.535 3.554 275 285

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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