ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Bill's Birdhouses
COSTS
REVENUES
Quantity Total
Produced Cost
Marginal Quantity
Cost
Marginal
Total
Demanded Price
Revenue Revenue
$0
$80
1
$50
1
$80
2
$102
2
$80
3
$157
$80
4
$217
4
$80
5
$285
S80
$365
$80
7
$462
7
$80
s582
8
S80
What is the total revenue from selling 8 units?
a, $80
nb.$382
nc. $560
nd.S640
3.
6.
6.
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Transcribed Image Text:Bill's Birdhouses COSTS REVENUES Quantity Total Produced Cost Marginal Quantity Cost Marginal Total Demanded Price Revenue Revenue $0 $80 1 $50 1 $80 2 $102 2 $80 3 $157 $80 4 $217 4 $80 5 $285 S80 $365 $80 7 $462 7 $80 s582 8 S80 What is the total revenue from selling 8 units? a, $80 nb.$382 nc. $560 nd.S640 3. 6. 6.
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