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Quantity 0 1 Price 305 265 245 225 205 185 165 145 125 Total Revenue 0 265 490 675 820 925 990 1015 1000 Marginal
Quantity 0 1 Price 305 265 245 225 205 185 165 145 125 Total Revenue 0 265 490 675 820 925 990 1015 1000 Marginal Revenue 265 225 185 145 105 65 25 15 What quantity should the firm produce to maximize profit? What is the marginal revenue at the optimal quantity? What is the marginal cost at the optimal quantity? What is the maximum profit? () Total Cost 15 35 55 75 95 115 135 155 175 ()
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