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15. Given the table, what is the value of Marginal Revenue at 475 units of output? (found when output is increased from 450 to 500

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15. Given the table, what is the value of Marginal Revenue at 475 units of output? (found when output is increased from 450 to 500 units)? A) $2.20 B) $110 C) $0.22 D) $0.2444 E) $55 16. Given the table, what quantity of output maximizes profits? F) None of the above A) 500 B) 550 C) 600 D) 650 E) 700 C) $160 A) $200 B) $190 17. Given the table, what is the value of total prouts at the profit maximizing quantity? D) $1320 E) $320 F) None of the above QCAP MP TFC TVC AFC AVL AIC MC MP 24 1 50 450 130 39 20 # 760 380 0.267 1. 69: 196 910 400 385. 19.20 16-7 120 41x 20 -970 940 0.24 1.64 940 - 980/560-450 - 1.2 1100 2.2 45 540 14. 10 92 13.5 120 45 1 20 = 900 .1 020 0.218 1.64 1-85 1838 - 949550-500 1.6 1210 50 600 2.2 12 110 50 % 20 + 1000 0.2 1.67 1.96 120- 18207100-550- 2 56 1320 650 9.3 120 56 X20 - 1 120 1240 0.195 172 1.91 12 40-1120/650-600 -2.4 1430 2.2 106 H 120 $3 x 20 = 1260 1350 0. 171 1.97 1360 -1240/100-650# 2.1 1910 7.2 150 Ti 6.25 120 11 x 20 . 1420. 1540 6.14 1.493 2.053 1540 -1980 750 -700 - 3.2 16 50 2.2

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