Complete the following schedule of Ms. Resa's Mango Float. Then calculate the TR and Profit given thatthe Price of each Mango Float is PHP 50.00.QVCTCAFCAVCACMCTRProfit1505.020.0307502.617.525.057100020.214.88115501.516.79918001.323.722.2114270028.625.0126375013548501.139.735.9122.2141560020.040.8 Ms. Resa has been working as lecturer at MTIM and earning a salary of PHP 8,000 per month. Also, shesells Mango Float once a week. In a week she can earn total revenue of PHP1,500 with a cost (labor, materials,ingredients) of PHP 750. If she will make it in full time working 5 days per week she can earn up to PHP7,500 with a costof PHP 3,750 per week. Should Ms. Resa quit her job and work full-time for her Mango Float business? Or Not? Defendyour answer by calculating the Accounting profit and Economic profit.

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Complete the following schedule of Ms. Resa's Mango Float. Then calculate the TR and Profit given that the Price of each Mango Float is PHP 50.00. Q VC TC AFC AVC AC MC TR Profit 150 5.0 20.0 30 750 2.6 17.5 25.0 57 1000 20.2 14.8 81 1550 1.5 16.7 99 1800 1.3 23.7 22.2 114 2700 28.6 25.0 126 3750 135 4850 1.1 39.7 35.9 122.2 141 5600 20.0 40.8

Complete the following schedule of Ms. Resa's Mango Float. Then calculate the TR and Profit given that the Price of each Mango Float is PHP 50.00. Q VC TC AFC AVC AC MC TR Profit 150 5.0 20.0 30 750 2.6 17.5 25.0 57 1000 20.2 14.8 81 1550 1.5 16.7 99 1800 1.3 23.7 22.2 114 2700 28.6 25.0 126 3750 135 4850 1.1 39.7 35.9 122.2 141 5600 20.0 40.8

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter10: Monopolistic Competition And Oligoply

Section: Chapter Questions

Problem 4SQP

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