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On the table below: a) Calculate the total revenue (TR), net revenue (NR), total variable cost (TVC), average variable cost (AVC), average total cost
On the table below: a) Calculate the total revenue (TR), net revenue (NR), total variable cost (TVC), average variable cost (AVC), average total cost (ATC), marginal cost (MC), and marginal revenue (MR). (56 points) 36+20-50 b) At what level of Q/Y is total revenue is at its highest/maximum. (2 points) c) At what level of Q/Y is MC MR? (2 points) TFC Tutu TC=TOWN CU fixed cost QY P TR TC NR TFC TVC AVC AFC ATC MC MR 6 ps 6 ps 6 ps 6 ps 6 ps 6 ps 10 ps 10 ps 0 100 10 10 90 20 10 2 80 28 10 3 70 35 10 4 60 43 10 5 50 53 10 6 40 65 10 7 30 80 10 8 20 100 10 9 10 125 10 10 0 155 10
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