Given the table below, the corresponding marginal revenue will take the form Quantity Price (units) (dollars per unit) 15 主 12 4. Select one a. MR =15-30 b. MR = 15-6Q c MR =5-30 d. MR = 3-5Q

If change in total revenue is $120 And change in output is 6 units Calculate marginal revenue

Price ($) 1000 500 300 0 300 500 Supply Demand What is the total cost of producing 300 iPads? 1000 Quantity

Suppose that at the equilibrium price and quantity, the marginal revenue is -$15 and the price elasticity of demand for a linear demand function is -0.75. Then we know that the equilibrium price is: -$45. $5. -$5. $45.

Price (Dollars per Bushel) 950 900 850 D 800 750 700 650 600 550 500 450 400 350 300 250 200 150 100 50 0 0 3 6 9 12 15 S 18 21 24 27 Bushels of Corn (Billions) The graph above shows hypothetical demand and supply functions for corn in the U.S. Oil prices increase due to some political problems in middle east. This causes the marginal cost of producing each bushel of corn to increase by $150.00. This is because, oil is used to produce gasoline that farmers use to operate tractors, groundwater water pumps, and other farming equipment. Higher gasoline prices also affect the costs of transporting corn to consumer centers. This number may, of course, be unrealistic. But it will make the graph less messy and calculations less cumbersome. Calculate the following:

In this video, Hamida may have made a mistake in identifying the profit/loss area. Identify whether or not she's made a mistake. If she hasn't, mark it as right. If she has, then identify the right profit/loss area. The graph is attached here again for your convenience Costs and revenue $ P2 P₁ Pol 0 W Qy MR MC ATC AVC Demand Quantity Hamida did not make a mistake. There is a loss of (P1-P2)Qy for this monopolistically competitive firm There is a positive profit of (P1-P2)Qy for this monopolistically competitive firm O There is a loss of (P2-PO)Qy for this monopolistically competitive firm

For a cement firm, the total revenue for the previous month was $6300  The price per unit of cement is $30 What quantity would the firm have sold?

Retail Demand is Q=16-Pr Farm Supply is Q=2+.5Pf Marketing Cost Per Unit is MC=$5.00   Quantity   Retail Price   Marketing Cost   Farm-level Demand Price   2               4               6               8               10             Draw a graph of the market showing all relevant curves and functions on graph paper