Total revenues and marginal costs

Assignment Help Microeconomics
Reference no: EM13914264

Where are the Quantity, Total Revenues and Marginal Costs of a firm:

Q Total Revenues Marginal Costs 100 1200 60 101 1400 70 102 1590 80 103 1770 90 104 1940 100 105 2100 110 106 2250 120 107 2390 130 108 2520 140 109 2640 150 110 2750 160.

What are the marginal revenues of the 105th unit?

At what level of quantity are profits maximized?

Reference no: EM13914264

Questions Cloud

Data concerning its most recent month of operations : Aaker Corporation, which has only one product, has provided the following data concerning its most recent month of operations
Relationship between the number of cars : The owner of Ryan's Car Wash believes that the relationship between the number of cars washed and labor is Q = - 0.6 + 4L - 0.8 L2, where Q is the number of cars washed.How many people should be employed to maximize profit.
Anticipate experiencing revenue and cost curve : The recent recession seems to be ending, the number of people with jobs is expanding, and it appears that wage levels are beginning to increase. Based on market changes, what changes would you anticipate experiencing in your firm’s revenue and cost c..
Mexican interest rates relative : Following an increase in Mexican interest rates relative to U.S. interest rates (which causes Mexican consumers to borrow abroad to consume domestically), which of the following is expected to occur.The dollar would depreciate relative to the peso, a..
Total revenues and marginal costs : Where are the Quantity, Total Revenues and Marginal Costs of a firm.What are the marginal revenues of the 105th unit.At what level of quantity are profits maximized.
State and local income taxes : Charitable contributions-State and local income taxes
Donovan company incurred : donovan company incurred the following cost while producing 500 unit.
Measures on your performance evaluation : Does your organization have a balanced scorecard or dashboard? What are some measures that apply directly to you or your department.Are there measures on your performance evaluation that tie into the organizations measures.
Determine the new depreciation charge for the third year : Given this information, determine the new depreciation charge for the third year on the basis of the revised estimated useful life.

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain why using the gravity model

Over the past few decades, East Asian economies have increased their share of world GDP. Similarly, intra-East Asian trade-that is, trade among East Asians nations-has grown as a share of world trade. More than that, East Asian countries do an in..

  What is the breakeven point in standard test hours

What is the breakeven point in standard test hours - The maximum output of the testing lab is 260,000 hours per year

  What is the simple payback period for solar sea power plant

A solar sea power plant (SSPP) is being considered in a North American location known for its high temperature ocean surface and its much lower ocean temperature 100 meters below the surface. Power can be produced based on this temperature differenti..

  Determine who benefits can be tough for negative events

Major events in our country and around the world tend to have economic advantages for some segments of society and disadvantages for others. Determining who benefits can be tough for negative events

  Determining total cost problem-cost per unit

Company A plans to produce 300,000 units next year, the production budget is: Compute the total cost and cost per unit when the unit production is changed to 315,000 units.

  What is the link between gender equality

What is the link between gender equality and economic development - What evidence is there that a glass ceiling exists? What evidence refutes its existence?

  Low income housing or subsidized housing in urban

low income housing or subsidized housing in urban economics.the paper must be atleastten pages longmake sure that you

  What is the price elasticity of supply

Suppose the supply function is Q=4P^2 and equilibrium quantity=36.What is the price elasticity of supply? What are the steps to find this?

  Describe the basic features and characteristics of

describe the basic features and characteristics of bonds. what is a convertible bond and why do investors

  What is the current rate of unemployment

What is the current rate of unemployment

  Decision in raising the parking prices from one year to next

A gasoline station very near a professional football stadium parks cars on its lot to make money on game days. Last year it charged $4.00 per car and parked 1000 cars. This year it raised the parking price to $5.00 and parked 850 cars. Did the statio..

  Write difference between a positive and negative

explain the difference between a positive and negative externality. in your analysis make sure to provide an example of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd