Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

18. As output (Q) increases from 1,000 to 1,400 units, what is the marginal revenue? ( A medida que la produccion, Q, aumenta de 1,000

image text in transcribed

image text in transcribed
18. As output (Q) increases from 1,000 to 1,400 units, what is the marginal revenue? ( A medida que la produccion, Q, aumenta de 1,000 a 1,400 unidades cual es el ingreso marginal?) El ingreso marginal es el cambio en el ingreso total por el cambio en Q (vea siguiente tabla) a. $25 b. $50 c.$400 d. $10,000 Marginal Price (P) Quantity () PO Revenue* 200 1.000 200.000 150 1.400 210.000 25 100 1.800 180.000 75 * MR=APQ/AQ The answer = 25 (answer a)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: Michael Parkin

10th Edition

013485330X, 978-0134853307

More Books

Students also viewed these Economics questions

Question

=+b) Use it to predict the value for January 2007. Section 19.4

Answered: 1 week ago

Question

Q.1 a) What do you mean by factory organization? (05 marks)

Answered: 1 week ago

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago