monopoly consultants, inc activity 38. casepricemarginal revenue quantity output total revenue total...
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Monopoly Consultants, Inc
Activity 38
Case Price Marginal
Revenue
Quantity
Output
Total Revenue
Total
Cost
Fixed
Cost
Average Total
Cost
Marginal cost
Answer
1$1.25 $1.00 10,000 $2,000 $150 $1.00
25.00 4.00 1,000 $4,000 Minimum
Level
31.50 2.00 10,000 2.00 2.00
4above
marginal
revenue
5.00 5.00 5.00
54,000 $8,000 7,200 2.00
67.00 4.00 2,000 3.00
75,000 9,000 10,000 declining Minimum
Level
Case Price Marginal
Revenue
Quantity
Output
Total Revenue
Total
Cost
Fixed
Cost
Average Total
Cost
Marginal cost
Answer
1$1.25 $1.00 10,000 $12,500. $15,000 $2,000 $150 $1.00 3 p<avc,
tr<vc
25.00 4.00 1,000 5,000 $4,000 Minimum
Level
2 good
31.50 2.00 10,000 15,000 20,000 2.00 2.00 1 Crazy
P<mr?
4above
marginal
revenue
5.00 5.00 5.00 2 good
52.00 4,000 $8,000 7,200 2.00 decrease
Q raise P
5
67.00 4.00 2,000 14.000 3.00 6
Increase Q lower P
75,000 9,000 10,000 declining Minimum
Level
1 Crazy
FC constant
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