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Did I get this right? Issa's Revenue Question (Formula): Suppose that output, Q, is related to the revenue received for selling units of it by
Did I get this right?
Issa's Revenue Question (Formula): Suppose that output, Q, is related to the revenue received for selling units of it by the formula: TR:=200*Q-5Q^2. (How do i make a) table of Q, TR, & Marginal Revenue for Q=0 to 100 by 5's
Q | TR | Marginal Revenue | |
0 | 0 | 0 | |
5 | 875 | 175 | |
10 | 1500 | 125 | |
15 | 1875 | 75 | |
20 | 2000 | 25 | |
25 | 1875 | -25 | |
30 | 1500 | -75 | |
35 | 875 | -125 | |
40 | 0 | -175 | |
45 | -1125 | -225 | |
50 | -2500 | -275 | |
55 | -4125 | -325 | |
60 | -6000 | -375 | |
65 | -8125 | -425 | |
70 | -10500 | -475 | |
75 | -13125 | -525 | |
80 | -16000 | -575 | |
85 | -19125 | -625 | |
90 | -22500 | -675 | |
95 | -26125 | -725 | |
100 | -30000 | -775 |
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