Calculate marginal revenue if Marginal cost is $300 and marginal profit is also $300

Q: EXPLAIN RELATIONSHIP BETWEEN THE MARGINAL REVENUE AND THE AVERAGE REVENUE.

A: According to the given question Marginal revenue in simple words we can say that is the introduction…

Q: marginal profit is $30 and marginal revenue is $84  Calculate marginal cost

A: The given information is as follows:- Marginal profit= $30 Marginal revenue = $84 We need to find…

Q: With the aid of a diagram explain normal profit

A: Normal profit is a profit that implies the average revenue from selling equals the average cost .…

Q: If change in total revenue Is $300 and the marginal revenue is $30 Find the Change in output

A: The data presented in the question above is:- Change in total revenue = $300 Marginal revenue = $30…

Q: At the profit-maximizing level of output, marginal profit is also maximized O is zero is positive is…

A: Any will firm maximize profit where: Marginal Revenue = Marginal Cost Marginal Profit = MR - MC

Q: How much would Software C cost you in the long run? $[?] Not Satisfied $5,000 Software C 20% •…

A: The cost of software C initially is $5000 And the not satisfied percentage is 20% which values…

Q: Calculate the marginal cost when marginal profit is 30 and marginal revenue is 70

A: # Marginal profit is given as the difference between marginal revenue and marginal cost.

Q: If marginal revenue is $45 and the change In output is 4 units  What will be the change in total…

A: The information given to us is:- Marginal revenue = $45  Change in the output = 4 units  We have to…

Q: Can the marginal revenue be negative??? True/False

A: Marginal revenue refers to the amount of additional revenue thay a producer gets when he produces…

Q: Economic profit is a )     P(Q ‐ ATC) b )     PQ/ATC. c )     (P + ATC)Q d )     (P ‐ ATC)Q

A: Economic profit refers to the difference between total revenue and the sum of implicit and explicit…

Q: Calculate marginal profit if marginal cost and marginal revenue are $44 and $80 respectively

A: The data presented in the question above is:- Marginal revenue = $80 Marginal cost = $44 Marginal…

Q: Calculate the value of Marginal revenue if change in total revenue is $68 and the change in output…

A: The Given information is as follows:- Change in total revenue = $68 Change in output = 7 units  We…

Q: Calculate Kenji's marginal revenue and marginal cost for the first seven teddy bears he produces and…

A: Marginal revenue is calculated as the ratio of change in total revenue to change in quantity.…

Q: Assume demand is: P = 76 – and total cost is: TC = 20 + Q² What is the quantity that maximizes…

A: Profit maximize quantity is the quantity where MR is equals to MC , here we calculate the MR and MC…

Q: Use the table to compute the marginal revenue and marginal cost

A: Marginal revenue is given as the additional revenue generated by producing one more unit of a good.…

Q: Marginal profit is $4 and marginal revenue is $39 Calculate marginal cost

A: Given: Marginal profit=$4 Marginal revenue=$39 To find: Marginal cost

Q: If marginal cost is $37 and marginal profit is $8 Calculate marginal revenue

A: Marginal cost (MC): - it is the additional cost incurred due to the production of additional units…

Q: The marginal profit is $20 and marginal cost is $100 Calculate Marginal revenue

A: The Information being given is:- Marginal profit = $20 Marginal cost = $100 We have to calculate…

Q: Calculate the value of Marginal revenue when marginal cost is $73 and the marginal profit is 0

A: # the marginal profit is given as the difference between the marginal revenue which is collected by…

Q: If marginal profit is $32 and marginal revenue is $50 Find Marginal cost

A: The data presented In the question above is:- Marginal profit = $32  Marginal revenue = $50…

Q: Calculate the value of Marginal revenue when total revenue rise from $400 to $600 and the output…

A: # Marginal revenue is given as the additional Revenue added to the value of total revenue when sales…

Q: can you  answer part iv and v?

A: For question number 4 and 5, Total revenue TR = 40q – 12q2 AC(q) = 1/30 q2 – 12.85 q + 20 + 400/q…

Q: Determine the output level that will maximize economic profit.

A: Economic profit is the difference between the sum of explicit and opportunity costs from the revenue…

Q: Consider the following graph to answer questions 1) Find the total cost when the firm maximizes…

A: 1.The quantity that maximizes the profit which satisfies the condition: Marginal…

Q: If marginal revenue is $30 and marginal cost is $15 Calculate marginal profit

A: The information being given is:- Marginal revenue = $30 Marginal cost = $15 We have to calculate the…

Q: Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles,…

A: Since you have asked multiple questions, we would answer the first question for you. If you need the…

Q: Why must the marginal revenue be equal to the marginal cost for a producer? Explain.

A: Marginal revenue (MR) is the increase in revenue that results from the sale of one additional unit…

Q: Calculate Marginal revenue when marginal cost is 350 and the marginal profit is 80

A: # The difference between marginal revenue and marginal cost is given as the marginal profit.

Q: Michael Scott's recently founded paper company, aptly named "Michael Scott Paper Company" sets the…

A: Given Information Total Cost = 3q +10Price = $5.5/reamTotal Revenue = $34,100

Q: Find marginal profit when marginal revenue is $90 and marginal cost $50

A: # The formula for marginal profit:- = Marginal revenue - Marginal cost

Q: If marginal cost is $13 and marginal revenue is $40 Calculate marginal profit

A: The information being given is:- Marginal cost = $13 Marginal revenue = $40 We have to calculate…

Q: The marginal revenue (MR) the individual producer receives when it maximizes its profit is $…

A: Marginal cost is the additional cost of producing one more unit of a good. Marginal revenue is the…

Q: If marginal profit is $33 and marginal revenue is $80 What's the value of Marginal cost

A: The data presented in the question is:- Marginal profit of the firm = $33 Marginal revenue = $80…

Q: If marginal profit is $17 and marginal revenue is $41  Find the value of Marginal cost

A: The given information is as follows:- Marginal profit = $17  Marginal revenue = $41 We have to…

Q: Calculate the value of marginal cost when marginal revenue is $87 and the Marginal profit is $20

A: The difference between both marginal revenue and marginal cost is said to be as the marginal profit.…

Q: ATC MC AVC MR HA A C K DE Quantity osad

A: In perfectly competitive market, Price is constant so it is equal to marginal revenue. At profit…

Q: Draw two graphs: 1:- Normal Profit 2:- Abnormal profit And mention the following points in each…

A: 1. Normal Profit: A firm earns normal point when its total revenue (TR) is equal to total cost(TC)…

Q: Calculate Marginal profit given that marginal revenue is two times that of marginal cost

A: The given information is as follows:- Marginal revenue is two times that of total cost i.e MR = 2 MC…

Q: Calculate Marginal profit if the value of marginal revenue is 105 and marginal cost is 60

A: # Marginal profit is calculated by the formula:- Marginal profit = Marginal revenue - Marginal cost…

Q: Explain why earning zero economic profit is not as bad as itsounds.

A: In the field of economics, it is assumed that the sole objective of any firm is profit-maximization.…

Q: How do you calculate a firm's total cost and total revenue?

A: Total cost (TC) refers to the cost of all inputs needed to produce with the given unit of output. It…

Q: A firm’s marginal revenue is $133 and its marginal cost is $90. What amount of profit does the firm…

A: Given information: Marginal revenue (MR) = $133 Marginal cost (MC) = $90   Profit maximization…

Q: Calculate the value of marginal profit when marginal revenue Is $400 and the marginal cost is $230

A: # The marginal revenue and marginal cost helps us gain the idea about the marginal profit. The…

Q: The value of marginal profit is $30 and marginal cost is $100 Calculate the value of marginal…

A: We are given that:- Marginal profit = $30 Marginal cost = $100 We need to calculate the value of…

Q: Calculate the value of Marginal revenue if total revenue change by $180 and the total output change…

A: According to the above given question, the values given are:- Change in total revenue = $180  Change…

Q: Marginal profit and marginal cost are $36 and $88 respectively.  Calculate Marginal revenue

A: We are given the values of marginal profit and marginal cost in the question Marginal profit = $36…

Q: Calculate the marginal profit when marginal revenue is $84,000 and marginal cost is $77,000

A: # Marginal profit is always given by the difference between marginal revenue and marginal cost. That…

Q: Calculate marginal profit if:- Marginal revenue = $50 Marginal cost = $22

A: The data presented in the question above is:- Marginal revenue = $50   Marginal cost = $22…