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Quantity Demanded Price Marginal Revenue Marginal Cost Marginal Returns 0 500 NA NA NA 10 460 4600 2500 2100 20 430 4000 2700 1300 30
Quantity Demanded | Price | Marginal Revenue | Marginal Cost | Marginal Returns |
0 | 500 | NA | NA | NA |
10 | 460 | 4600 | 2500 | 2100 |
20 | 430 | 4000 | 2700 | 1300 |
30 | 380 | 2800 | 2900 | -100 |
40 | 370 | 3400 | 3100 | 300 |
50 | 310 | 700 | 3300 | -2600 |
60 | 240 | -1100 | 3500 | -4600 |
70 | 200 | -400 | 7900 | -8300 |
80 | 150 | -2000 | 5300 | -7300 |
90 | 130 | -300 | 5700 | -6000 |
100 | 100 | -1700 | 8100 | -9800 |
How many unit(s) should the supplier produce (based on the marginal revenue and marginal cost comparison)? Kindly show the graphical representation and analysis along with it.
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