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1)given the following total revenue function ,and marginal revenue schdule from Q=0 to Q=7 TR =9Q-Q2 a) drive the total revenue ,average revenue b) on

1)given the following total revenue function ,and marginal revenue schdule from Q=0 to Q=7

TR =9Q-Q2

a) drive the total revenue ,average revenue

b) on the same set of axed ,plot the total revenue,the average revenue and the marginal revenue schedule of part(a)

(c)with refeerence to your fingure in part (b) explain the relation amonge the total average and marginal revenue curves.

2)given the following total cost schdule

Q = 0 1 2 3 4

Tc = 1 13 20 24 35

a) derive the average and marginal cost schdule

b) on the same set of axe ,plot the total ,average and marginal cost schdule of part (a)

c) with refereance to your figure in part (b) explain the relationship amount the total average and marginal cost curve in part.

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