Calculate the total revenue for the business

Question: A local snow cone business sells snow cones in one size for $3 each. It has the following cost and output structure per hour:

a. Calculate the total revenue for the business at each rate of output.

b. Calculate the total profit for the business at each rate of output.

c. Is the business operating in the short run or the long run?

d. Calculate the profit-maximizing rate of output using the MR = MC rule.

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Calculate the total revenue for the business : A local snow cone business sells snow cones in one size for $3 each. It has the following cost and output structure per hour.

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