View the step-by-step solution to:

# P q TC MC 1 60 35 2 85 25 3 35 50 4 55 9. The TR for 2 units of output is equal to__________ dollars.The MR for the 3rd unit of output is equal...

P q TC MC

1 60 35

2 85 25

3 35

50 4 55

9.     The TR for 2 units of output is equal to__________ dollars.

10.           The MR for the 3rd unit of output is equal to__________ dollars.

11.           The marginal profit of the first unit of output is equal to__________ dollars.

12.           The price of the second unit of output is equal to__________ dollars.

13.           The TVC for 3 units of output is equal to__________ dollars.

14.           The TC of 3 units of output is equal to__________ dollars.

15.           The profit for 4 units of output is equal to__________ dollars.

16.           The profit-maximizing output is equal to ______ units.

17.           If this firm were to shut-down it would lose _______ dollars.

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

### -

Educational Resources
• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents