Sunday, August 14, 2011

Output-0,1,2,3,4,5,6. Price$ 15,13,11,9,7,5,3 and Total Cost$ 10,13,17,22,28,35,42?

All respectively. What is the total revenue, mariginal revenue, marginal cost and profit at each level of output. And state what is the profit maximizing output, price and profit

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