marginal analysis is a useful tool in making ''how much'' decisions. demonstrate your knowledge of marginal analysis in two scenarios below.

a. the graph below depicts a standard total profit function....check in document below for full question.

CHOOSE 6 OF THE FOLLOWING QUESTIONS TO ANSWER 2. (10 points) Marginal analysis is a useful tool in making "how much" decisions. Demonstrate your knowledge of marginal analysis in the two scenarios below: a. (3 points) The graph below depicts a standard total profit function (nt), as a function of output (Q), of a profit-maximizing firm. Fill in the three (3) blanks below. When the total Profit When the total profit profit function function slopes slopes upward, MR 8000 downward, total profit MC. increases as Q , =)