Activity Frame A2191A18781565n12529396260 A + +0 5 10TOTAL REVENUE (Dollars)313028172504MARGINAL REVENUE (Dollars)313Calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginalrevenue of the 10th unit produced.The marginal revenue of the 10th unit produced is $Calculate the total revenue if the firm produces 20 versus 19 units. Then, calculate the marginalrevenue of the 20th unit produced.The marginal revenue of the 20th unit produced is $250Based on your answers from the previous question, and assuming that the marginal revenue curveis a straight line, use the black line (plus symbol) to plot the firm's marginal revenue curve on thefollowing graph.225200175150125100755025015 20 25 30 35 40QUANTITY (Number of units)-25-500A45 505 10 15Total Revenue20 25 30 35QUANTITY (Units)40 45 50Marginal Revenue(?)Comparing your total revenue graph to your marginal revenue graph, you can see that totalrevenue isat the output at which marginal revenue is equal to zero.

Total Revenue (TR) refers to the total amount that a seller will receive after his sales of goods…

TOTAL REVENUE (Dollars) 3130 2817 2504 MARGINAL REVENUE (Dollars) 2191 1878 1565 1252 939 626 313 0 A 250 225 200 Calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginal revenue of the 10th unit produced. The marginal revenue of the 10th unit produced is $ 175 150 Calculate the total revenue if the firm produces 20 versus 19 units. Then, calculate the marginal revenue of the 20th unit produced. The marginal revenue of the 20th unit produced is $ 125 Based on your answers from the previous question, and assuming that the marginal revenue curve is a straight line, use the black line (plus symbol) to plot the firm's marginal revenue curve on the following graph. 100 75 50 Activity Frame 25 0 05 -25 -50 A 0 5 10 15 20 25 30 35 40 45 50 QUANTITY (Number of units) A 10 15 20 Δ 25 30 35 Total Revenue 40 45 50 Marginal Revenue ?