Try another version of these questions Given this information, what is this firm's total revenue? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Given this information, what is this firm's profits? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 The table below shows data for the production of Avocados for an individual firm operating in a perfectly competitive market. Given this data, what is the per unit price of Avocados? Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 The table below shows data for the production of oranges for an individual firm operating in a perfectly competitive market. Given this data, what are this firm's profits if it chooses to produce 50 oranges?
Hint Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4) The table below shows data for the production of avocados for an individual firm operating in a perfectly competitive market. Given this data, complete the table:
At what quantity does this firm maximize its profit? NOTE: If there are two quantities with the same level of profits, pick the larger of the two quantities! Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 4: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 5: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 6: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 7: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 8: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 9: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 10: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for InfinityQuantity of Avocados Total Revenue Total Costs 0 0 30 10 30 50 20 60 62 30 90 71 40 120 80 50 150 89 60 180 100 70 210 130 80 240 200
Enter DNE for Does Not Exist, oo for InfinityQuantity of oranges Total Revenue Total Costs 0 0 10 10 40 30 20 80 40 30 120 60 40 160 90 50 200 130 60 240 180 70 280 240 80 320 310
Enter DNE for Does Not Exist, oo for InfinityQuantity of avocados Total Revenue Total Costs 0 0 10 10 40 30 20 80 40 30 120 60 40 160 90 50 200 130 60 240 180 70 280 240 80 320 310
Quantity of avocados
Profit
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Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity