Output Price TR (Q) (P) (PXQ) 1 2 3 4 5 6 7 8 9 10 MR AR (TR/Q) TC FC VC MC ATC AVC Profit 45 65 70 80 95 120 155 200 255 320 [Please Note: To calculate MR for quantity level 2: (TR for quantity 2 - TR for quantity 1)/(change in quantity). It is similar to how you would calculate MC. There is no need to calculate MR when output is 1 unit.]

[Please Note: To calculate MR for quantity level 2: (TR for quantity 2 - TR for quantity 1 )/(change in quantity). It is similar to how you would calculate MC. There is no need to calculate MR when output is 1 unit.]