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1. You are given the following data for your firm, which sells a patented super-absorbent cleaning towel for use in large retail complexes (called One

1. You are given the following data for your firm, which sells a patented super-absorbent cleaning towel for use in large retail complexes (called "One Wring to Rule the Mall" ).

Q P TC
0 $48.00 $400.00
10 $46.50 $707.50
20 $45.00 $980.00
30 $43.50 $1,232.50
40 $42.00 $1,480.00
50 $40.50 $1,737.50
60 $39.00 $2,020.00
70 $37.50 $2,342.50
80 $36.00 $2,720.00
90 $34.50 $3,167.50
100 $33.00 $3,700.00

a. Determine equations for P=f(Q), MR=f(Q), ATC=f(Q, Q2), AVC=f(Q, Q2), MC=f(Q, Q2). Recall that your marginal equations should be derivatives of your totals!

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