(b) Draw a graph of the firm's demand, marginal revenue, marginal (D), marginal Instructions: Use the tools provided to plot the demand average total cost (ATC) curves. Plot 7 points each for D, MR and ATC Pl cost, and average total cost revenue (MR), marginal ca

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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need help graphing and finding mc
Mc
Graw
Hill
4
01:47:00
eBook
Output Price
1
$22
2
21
3
4
5
($)
30
3222222;
6
7
28
26
24
20
18
20
19 18 17
16
Total
Revenue
22
42
60
76
90
102
112
Marginal
Revenue
20
18
< Prev
16
14
12
10
Total Cost ATC
$30
42
51
60
70
82
98
4 of 5
(b) Draw a graph of the firm's demand, marginal revenue, marginal cost, and average total cost curves.
Instructions: Use the tools provided to plot the demand (D), marginal revenue (MR), marginal cost (MC), and
average total cost (ATC) curves. Plot 7 points each for D, MR and ATC. Plot 6 points for MC.
I
Tools
M
D
30
21
17
15
14
13.67
14
16
MC
MR
Help
Next >
Save & Exit Submit
Check my work
Transcribed Image Text:Mc Graw Hill 4 01:47:00 eBook Output Price 1 $22 2 21 3 4 5 ($) 30 3222222; 6 7 28 26 24 20 18 20 19 18 17 16 Total Revenue 22 42 60 76 90 102 112 Marginal Revenue 20 18 < Prev 16 14 12 10 Total Cost ATC $30 42 51 60 70 82 98 4 of 5 (b) Draw a graph of the firm's demand, marginal revenue, marginal cost, and average total cost curves. Instructions: Use the tools provided to plot the demand (D), marginal revenue (MR), marginal cost (MC), and average total cost (ATC) curves. Plot 7 points each for D, MR and ATC. Plot 6 points for MC. I Tools M D 30 21 17 15 14 13.67 14 16 MC MR Help Next > Save & Exit Submit Check my work
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