Question: I'm having a problem figuring out this part of my task: I'm trying to figure out the formula to use to calculate the fields. Marginal Revenue Marginal Cost 6. Next calculate marginal revenue, knowing that it is the difference between the revenue at the price shown and the revenue at 1/400 of a cent less. Calculate 1/400 of a cent as well as the new price. Price Revenue (price x gallons) Marginal revenue Cost per gallon Variable Cost Fixed Cost Total Cost Gallons sold per day 2800.0 2800.1 Marginal Cost Calculate the marginal cost of selling zero point one (0.1) more gallon at each price. Prove that MC = $0.2158 $ 2.958000 $ 2.957975 $8,282.40 $8,282.63 $2.158 $2.158 $6,042.40 $ $6,042.62 $438.00 $438.00 $6,480.40 $6,480.62 $0.2258 $0.2158 Complete the table to the right. 3000.0 3000.1 $ 2.908000 $ 2.907975 $8,724.00 $8,724.22 $2.158 $2.158 $6,474.000 $6,474.216 $438.00 $438.00 Nou $6,912.000 $6,912.22 $0.2158 $0.2158 3200.0 $ 2.858000 $ 2.857975 $9,145.60 $9,145.81 $2.158 $2.158 $6,905.60 $6,905.82 $438.00 $438.00 3200.1 $0.2058 $0.2158 3600.0 3600.1 HHHHH $2.758000 $2.757975 $2.158 $2.158 $438.00 $438.00 HHHH TTTTT $9,928.80 $9,928.99 $10,632.00 $10,632.17 JL. $0.1858 $7,343.60 $7,343.82 $8,206.80 $8,207.02 $9,070.00 $9,070.22 $7,768.80 $7,769.02 $8,632.00 $8,632.22 $0.2158 4000.0 4000.1 IN $2.658000 $2.657975 $2.158 $2.158 $438.00 $438.00 $0.1658 $0.2158 Arna 1 Question: I'm having a problem figuring out this part of my task: I'm trying to figure out the formula to use to calculate the fields. Marginal Revenue Marginal Cost 6. Next calculate marginal revenue, knowing that it is the difference between the revenue at the price shown and the revenue at 1/400 of a cent less. Calculate 1/400 of a cent as well as the new price. Price Revenue (price x gallons) Marginal revenue Cost per gallon Variable Cost Fixed Cost Total Cost Gallons sold per day 2800.0 2800.1 Marginal Cost Calculate the marginal cost of selling zero point one (0.1) more gallon at each price. Prove that MC = $0.2158 $ 2.958000 $ 2.957975 $8,282.40 $8,282.63 $2.158 $2.158 $6,042.40 $ $6,042.62 $438.00 $438.00 $6,480.40 $6,480.62 $0.2258 $0.2158 Complete the table to the right. 3000.0 3000.1 $ 2.908000 $ 2.907975 $8,724.00 $8,724.22 $2.158 $2.158 $6,474.000 $6,474.216 $438.00 $438.00 Nou $6,912.000 $6,912.22 $0.2158 $0.2158 3200.0 $ 2.858000 $ 2.857975 $9,145.60 $9,145.81 $2.158 $2.158 $6,905.60 $6,905.82 $438.00 $438.00 3200.1 $0.2058 $0.2158 3600.0 3600.1 HHHHH $2.758000 $2.757975 $2.158 $2.158 $438.00 $438.00 HHHH TTTTT $9,928.80 $9,928.99 $10,632.00 $10,632.17 JL. $0.1858 $7,343.60 $7,343.82 $8,206.80 $8,207.02 $9,070.00 $9,070.22 $7,768.80 $7,769.02 $8,632.00 $8,632.22 $0.2158 4000.0 4000.1 IN $2.658000 $2.657975 $2.158 $2.158 $438.00 $438.00 $0.1658 $0.2158 Arna 1
