The following is a total cost curve. Total cost ($) 1000- 900- 800- 700+ 600- 500- 400- 300- 200+ 100+ 04 0 ………….……………………….. TC + 50 100 150 200 250 300 350 Quantity (q) Q Q On the diagram to the right, sketch the corresponding marginal cost curve. Using the multipoint curved line drawing tool, draw the firm's marginal cost curve. Label this curve 'MC". Note: Use the multipoint curved line drawing tool one time to draw the entire curve. Marginal cost per unit ($) 10.00- 9.00- 8.00- 7.00- 6.00- 5.00- 4.00- 3.00- 2.00- 1.00- 0.00+ 0 50 100 150 200 250 300 Quantity (q) 350 Q After plotting the final point of your multipoint curve, press the Esc key on your keyboard to end your curve.
The following is a total cost curve. Total cost ($) 1000- 900- 800- 700+ 600- 500- 400- 300- 200+ 100+ 04 0 ………….……………………….. TC + 50 100 150 200 250 300 350 Quantity (q) Q Q On the diagram to the right, sketch the corresponding marginal cost curve. Using the multipoint curved line drawing tool, draw the firm's marginal cost curve. Label this curve 'MC". Note: Use the multipoint curved line drawing tool one time to draw the entire curve. Marginal cost per unit ($) 10.00- 9.00- 8.00- 7.00- 6.00- 5.00- 4.00- 3.00- 2.00- 1.00- 0.00+ 0 50 100 150 200 250 300 Quantity (q) 350 Q After plotting the final point of your multipoint curve, press the Esc key on your keyboard to end your curve.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section: Chapter Questions
Problem 3CQQ
Related questions
Question
![The following is a total cost curve.
Total cost ($)
1000-
900-
800-
700-
600-
500-
400-
300-
200-
100-
0-
0
TC
50 100 150 200 250 300 350
Quantity (q)
Q
On the diagram to the right, sketch the corresponding marginal cost curve.
Using the multipoint curved line drawing tool, draw the firm's marginal cost curve. Label this curve 'MC'.
Note: Use the multipoint curved line drawing tool one time to draw the entire curve.
Marginal cost per unit ($)
10.00-
9.00-
8.00-
7.00-
6.00-
5.00-
4.00-
3.00-
2.00-
1.00-
0.00+
0
50
100
150 200
Quantity (q)
250 300 350
After plotting the final point of your multipoint curve, press the Esc key on your keyboard to end
your curve.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4de8ae70-55d1-4df4-b7f2-ae95febc0c93%2F1bba3188-282b-4ad4-826b-673a8bbe63cb%2Ft57wq6f_processed.png&w=3840&q=75)
Transcribed Image Text:The following is a total cost curve.
Total cost ($)
1000-
900-
800-
700-
600-
500-
400-
300-
200-
100-
0-
0
TC
50 100 150 200 250 300 350
Quantity (q)
Q
On the diagram to the right, sketch the corresponding marginal cost curve.
Using the multipoint curved line drawing tool, draw the firm's marginal cost curve. Label this curve 'MC'.
Note: Use the multipoint curved line drawing tool one time to draw the entire curve.
Marginal cost per unit ($)
10.00-
9.00-
8.00-
7.00-
6.00-
5.00-
4.00-
3.00-
2.00-
1.00-
0.00+
0
50
100
150 200
Quantity (q)
250 300 350
After plotting the final point of your multipoint curve, press the Esc key on your keyboard to end
your curve.
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