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SOLVED: Quantity of Jackets Price (in whole dollars) Total Revenue Marginal Revenue Total Cost Marginal Cost Profit (or loss) 0 20 1 20 20 18 2 19 38 33 3 18 54 43 4 17 68 55 5 16 80 68 6 15 90 83 7 14 98 101 8 13 104 120 Based on this chart, what is the marginal cost, in dollars, to produce seven jackets?

SOLVED: Quantity of Jackets Price (in whole dollars) Total Revenue Marginal Revenue Total Cost Marginal Cost Profit (or loss) 0 20 1 20 20 18 2 19 38 33 3 18 54 43 4 17 68 55 5 16 80 68 6 15 90 83 7 14 98 101 8 13 104 120 Based on this chart, what is the marginal cost, in dollars, to produce seven jackets?

2022年4月26日

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The AAA Aquarium Co. sells aquariums for 20 each. Fixed costs of production are 20 . The total variable costs are 20 for one aquarium, 25 for two units, 35 for the three units, 50 for four units, and 80 for five units. In the form of a table, calculate total revenue, marginal revenue, total cost, and marginal cost for each output level (one to five units). What is the profit-maximizing quantity of output? On one diagram, sketch the total revenue and total cost curves. On another diagram,

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