Try another version of these questions The table below shows data for the production of Apples for an individual firm operating as a monopoly. Given this data, complete the table: 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 Box 11: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 12: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 13: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 14: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 15: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 16: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 17: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 18: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 19: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 20: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 21: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 22: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 At what quantity are marginal revenues equal to marginal costs? Hint
Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 What is the profit maximizing quantity?
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 What is the profit maximizing price?
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, 5.5172Quantity of Apples Price Total Costs 0 240 3400 100 220 19400 200 200 37400 300 180 57400 400 160 79400 500 140 103400 600 120 129400
Quantity of Apples
Total Revenue (TR)
Profit
Marginal Revenue (MR)
Marginal Costs (MC)
0
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--
100
200
300
400
500
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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
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
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