In the following table, fill in the price and the total and marginal revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Output Price Total Revenue Marginal Revenue (Boxes) (Dollars per box) (Dollars) (Dollars) 1. 2 3

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E Homework (Ch 08)
* MindTap - Cengage Learning
* MindTap - Cengage Learning
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Homework (Ch 08)
Vesoro is one of more than a hundred competitive price-taking firms in San Francisco that produce extra-large cardboard boxes for moving. The
following graph shows the daily market demand and supply curves facing the extra-large cardboard box industry.
Tools
ips
50
ips
45
Supply
40
Demand
35
pls
30
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20
15
10
1 2
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5
6 7
9
10
QUANTITY OF OUTPUT (Millions of extra-large boxes)
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PRICE (Dollars per extra-large box
Transcribed Image Text:E Homework (Ch 08) * MindTap - Cengage Learning * MindTap - Cengage Learning x + ngage.com/static/nb/ui/evo/index.html?deploymentld=58830023220612 0612202193347127562&elSBN=9781337622349&id=908491119&snapshotld=1937530& CENGAGE MINDTAP Q Search th « Homework (Ch 08) Vesoro is one of more than a hundred competitive price-taking firms in San Francisco that produce extra-large cardboard boxes for moving. The following graph shows the daily market demand and supply curves facing the extra-large cardboard box industry. Tools ips 50 ips 45 Supply 40 Demand 35 pls 30 * 25 ciples of 20 15 10 1 2 3 4 5 6 7 9 10 QUANTITY OF OUTPUT (Millions of extra-large boxes) (22 8:13 11/22 s do ダー ho l 144 "DDI PPI delete home end %23 * 4 5 L. + 8. 6. backspace num lock R Y P. 7. home K 4. enter prt sc M PRICE (Dollars per extra-large box
Homework (Ch 08)
MindTap - Cengage Learning
* MindTap - Cengage Learning
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21933471275628elSBN=97813376223498&id%3D908491119&snapshotld=1937530&
Q Search this course
CENGAGE MINDTAP
Homework (Ch 08)
45
Demand
40
35
30
25
20
15
10
1 2
3 4
6
10
QUANTITY OF OUTPUT (Thousands of extra-large boxes)
In the following table, fill in the price and the total and marginal revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day.
Marginal Revenue
(Dollars)
Price
Total Revenue
Output
(Boxes)
(Dollars per box)
(Dollars)
3.
813 PM
(22)
11/22/2020
BANC
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DII
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Transcribed Image Text:Homework (Ch 08) MindTap - Cengage Learning * MindTap - Cengage Learning Pa "static/nb/ui/evo/index.html?d mentid883002322061220 21933471275628elSBN=97813376223498&id%3D908491119&snapshotld=1937530& Q Search this course CENGAGE MINDTAP Homework (Ch 08) 45 Demand 40 35 30 25 20 15 10 1 2 3 4 6 10 QUANTITY OF OUTPUT (Thousands of extra-large boxes) In the following table, fill in the price and the total and marginal revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Marginal Revenue (Dollars) Price Total Revenue Output (Boxes) (Dollars per box) (Dollars) 3. 813 PM (22) 11/22/2020 BANC " do 12 DII DDI delete home end * + 8 num backspace lock R Y home
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