Profit Maximizing Quantity and Price Presentation
djprse
Deliverable6Spreadsheet.xlsxSheet1
| PRICE | QUANTITY (in millions) | MARGINAL REVENUE | TOTAL COST (in millions) | AVERAGE TOTAL COST | AVERAGE FIXED COST | AVERAGE VARIABLE COST | MARGINAL COST |
| $3.00 | 0 | $3.00 | $0.45 | ||||
| $2.87 | 1 | $2.75 | $1.09 | ||||
| $2.75 | 2 | $2.49 | $2.34 | ||||
| $2.62 | 3 | $2.24 | $3.75 | ||||
| $2.49 | 4 | $1.98 | $5.32 | ||||
| $2.37 | 5 | $1.73 | $7.05 | ||||
| $2.24 | 6 | $1.48 | $8.94 | ||||
| $2.11 | 7 | $1.22 | $10.99 | ||||
| $1.98 | 8 | $0.97 | $13.20 | ||||
| $1.86 | 9 | $0.71 | $15.57 | ||||
| $1.73 | 10 | $0.46 | $18.10 |
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