What should the mgr charge? How many paper should be sold in the short run?What should the owner of the star do in the long run? Should the produce or shut down? How do we know

Num ber of newspapers Total revenue (including advertising revenues) Total cost per Marginal Revenue Marginal Cost Total Prot Fixed Cost 1000 4000 5100 4.00 0.1 $ (11100-00) 2000 5000 5200 1-00 0-1 (ZOO-00) 0.16 140.00 0.16 0.18 0.19 0.2 0.2 0.24 230.00 250.00 235.00 135.00 $ (185.00) (575.00) Profit Margin% (0.28) (0.04) 0.03 0.04 0.04 0.04 0.02 Price Variable cost 1.833333 1.4375 1 .19 1.020833 0.889288 (0.03) 0.765625 (0.10) 0.883889 1090 1310 1550