A. The table below shows the cost schedule of XYZ Company, producing face shields sold at P22 per unit. Complete the table below and encircle the level of Q of output where profit is maximum. Q of Output TC TR TFC TVC AC AFC AVC MC MR Profit 20 1 36 2 40 3 54 4 66 82 104 7 130 8 160 198 10 244

A. The table below shows the cost schedule of XYZ Company, producing face shields sold at P22 per unit. Complete the table below and encircle the level of Q of output where profit is maximum. Q of Output TC TR TFC TVC AC AFC AVC MC MR Profit 20 1 36 2 40 3 54 4 66 82 104 7 130 8 160 198 10 244

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter5: Investment Decisions: Look Ahead And Reason Back

Section: Chapter Questions

Problem 4MC

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A. The table below shows the cost schedule of XYZ Company, producing
face shields sold at P22 per unit. Complete the table below and encircle
the level of Q of output where profit is maximum.
TC
Q of
Output
TR
TFC
TVC
AC
AFC AVC
MC
MR
Profit
20
1
36
2
40
3
54
4
66
5
82
104
7
130
8
160
198
10
244
6.

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