Show the complete solution. CVTRTCNBMRMCNMB1.806020601403031809040420014050(30)The profit maximizing levelof input/output isunits.

CV TR TC (MCn + MCn+1) NB (TR-TC) MR (TRn -TRn-1) MC NMB (MR-MC) 0 0 0 0 0 0 0 1 80 20 60 80 20…

Answered: CV TR TC NB MR MC NMB 80 60 20 60 2.…

CV TR TC NB MR MC NMB 80 60 20 60 2. 140 30 3 180 90 40 4 200 140 50 (30) The profit maximizing levelof input/output is units.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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CV
TR
TC
NB
MR
MC
NMB
1.
80
60
20
60
140
30
3
180
90
40
4
200
140
50
(30)
The profit maximizing levelof input/output is
units.

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