Question

Calculate the marginal revenue, marginal cost, and profit for each quantity level. Fill in the data table.

I really don't understand how to do this. Has an attached photo

Answer 1

I found the marginal revenue. I ca do the marginal cost, but I don't know how to find it.

Answer 2

@pooja195

Answer 3

I found ta the marginal revenue was going down by 20 with every added quantity.
0, 430
1,410
2,390
3,370 etc

Answer 4

that*** not ta

Answer 5

@perl would know :) i hope

Answer 6

All I know right now is that to start off y finding the marginal revenue it was the total revenue of 2 subtracted by 1. meaning (800-410)

Answer 7

by*

Answer 8

@sammixboo

Answer 9

@nincompoop

Answer 10

Sorry, can;t help :(