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Output Marginal Reve Total Revenue Total Cost (TC) ATC Marginal Cost (MC) TR-TC MR-MC 1 $200 $200 500 500 #VALUE! ($300) #VALUE! 2 $200 $400

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Output Marginal Reve Total Revenue Total Cost (TC) ATC Marginal Cost (MC) TR-TC MR-MC 1 $200 $200 500 500 #VALUE! ($300) #VALUE! 2 $200 $400 550 275 50 ($150) $150 $200 $600 609 203 59 ($9) $141 $200 $800 692 173 83 $108 $117 $200 $1,000 800 160 108 $200 $92 $200 $1,200 942 157 142 $258 $58 $200 $1,400 1120 160 178 $280 $22 8 $200 $1,600 1352 169 232 $248 ($32) $200 $1,800 1638 182 286 $162 ($86) 10 $200 $2,000 2000 200 362 $0 ($162) At what quantity should the produce to be most efficient? (How much should they produce? 0 6 0 5 O 1 10 0 4

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