Find the Total Cost, Marginal Cost, Total Revenue, Marginal Revenue, and Profit/Loss. Q TFC TVC TC MC TR MC PROFIT/LOSS 0 400 0 100 400 50 200 400 100 300 400 130 400 400 180 500 400 220 600 400 350 700 400 450 800 400 600 price of steel is P150/unit
Find the Total Cost, Marginal Cost, Total Revenue, Marginal Revenue, and Profit/Loss. Q TFC TVC TC MC TR MC PROFIT/LOSS 0 400 0 100 400 50 200 400 100 300 400 130 400 400 180 500 400 220 600 400 350 700 400 450 800 400 600 price of steel is P150/unit
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Find the Total Cost, Marginal Cost, Total Revenue, Marginal Revenue, and
Q | TFC | TVC | TC | MC | TR | MC | PROFIT/LOSS |
0 | 400 | 0 | |||||
100 | 400 | 50 | |||||
200 | 400 | 100 | |||||
300 | 400 | 130 | |||||
400 | 400 | 180 | |||||
500 | 400 | 220 | |||||
600 | 400 | 350 | |||||
700 | 400 | 450 | |||||
800 | 400 | 600 |
price of steel is P150/unit
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