Question
I don't get the explanation of question e.. I know where the 163.40 comes from but how do you calculate all the other numbers? Any
I don't get the explanation of question "e.". I know where the 163.40 comes from but how do you calculate all the other numbers? Any particular reason why cell "Q" goes from 0-500? How do you calculate TR , MR and the other P numbers?
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TR = P*Q P= 163.3984 - 0.2032 0 TR = (163.3984 - 0.2032 Q) * 0 TR =163.3984Q - 0.2032012 MR = TR(x) - TR(x-1)
| Q | TR | MR | P |
| 0 | 0 | 163.40 | |
| 100 | 14,307.84 | 14,307.84 | 143.08 |
| 200 | 24,551.68 | 10,243.84 | 122.76 |
| 300 | 30,847.36 | 6,179.84 | 102,44 |
| 400 | 32,847.36 | 2,115.84 | 82.12 |
| 500 | 30,899.20 | -1,948.16 | 61.80 |
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
