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quantity marginal average percent contribution Price Demand total revenue revenue fixed cost variable cost total cost variable cost marginal cost MR-MC profit margin 18 600 10800 (a) 500 5210 5710 8.68 (b) (c) 5090 17 700 11900 11 500 5640 6140 8.06 4.30 (d) 5760 0.75 16 800 12800 9 500 6135 6635 7.67 4.95 (e) 6165 0.69 15 900 13500 7 500 6700 7200 7.44 5.65 (f) 6300 0.62 14 1000 14000 5 500 7335 7835 7.34 6.35 (g) 6165 0.55 13 1100 14300 3 500 8060 8560 7.33 7.25 (h) 5740 0.44 12 1200 14400 1 500 8900 9400 7.42 8.40 (i) 5000 0.30

quantity marginal average percent contribution Price Demand total revenue revenue fixed cost variable cost total cost variable cost marginal cost MR-MC profit margin 18 600 10800 (a) 500 5210 5710 8.68 (b) (c) 5090 17 700 11900 11 500 5640 6140 8.06 4.30 (d) 5760 0.75 16 800 12800 9 500 6135 6635 7.67 4.95 (e) 6165 0.69 15 900 13500 7 500 6700 7200 7.44 5.65 (f) 6300 0.62 14 1000 14000 5 500 7335 7835 7.34 6.35 (g) 6165 0.55 13 1100 14300 3 500 8060 8560 7.33 7.25 (h) 5740 0.44 12 1200 14400 1 500 8900 9400 7.42 8.40 (i) 5000 0.30

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Complete the table.

A.

B.

C.

D.

E.

F.

G.

H.

I.

quantity marginal average percent contribution Price Demand total revenue revenue fixed cost variable cost total cost variable cost marginal cost MR-MC profit margin 18 600 10800 (a) 500 5210 5710 8.68 (b) (c) 5090 17 700 11900 11 500 5640 6140 8.06 4.30 (d) 5760 0.75 16 800 12800 9 500 6135 6635 7.67 4.95 (e) 6165 0.69 15 900 13500 7 500 6700 7200 7.44 5.65 (f) 6300 0.62 14 1000 14000 5 500 7335 7835 7.34 6.35 (g) 6165 0.55 13 1100 14300 3 500 8060 8560 7.33 7.25 (h) 5740 0.44 12 1200 14400 1 500 8900 9400 7.42 8.40 (i) 5000 0.30
Transcribed Image Text:quantity marginal average percent contribution Price Demand total revenue revenue fixed cost variable cost total cost variable cost marginal cost MR-MC profit margin 18 600 10800 (a) 500 5210 5710 8.68 (b) (c) 5090 17 700 11900 11 500 5640 6140 8.06 4.30 (d) 5760 0.75 16 800 12800 9 500 6135 6635 7.67 4.95 (e) 6165 0.69 15 900 13500 7 500 6700 7200 7.44 5.65 (f) 6300 0.62 14 1000 14000 5 500 7335 7835 7.34 6.35 (g) 6165 0.55 13 1100 14300 3 500 8060 8560 7.33 7.25 (h) 5740 0.44 12 1200 14400 1 500 8900 9400 7.42 8.40 (i) 5000 0.30
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