Module 5 chp 25 Number 8

Module 5 chp 25 Number 8 - $90 $88.00 3 $264 $88 $74 $80.00...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Consider the following demand schedule. Does it apply to a perfectly competitive firm? Compute marginal and average revenue. Price Quantity TR AR MR $100.00 1 $100 $100 $95.00 2 $190 $95
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $90 $88.00 3 $264 $88 $74 $80.00 4 $320 $80 $56 Price Quantity TR AR MR $70.00 1 $70 $70 $55.00 2 $110 $55 $40 $40.00 3 $120 $40 $10 $22.00 4 $88 $22 $32(negative)...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online