use the information in the table to calculate total revenue,

Homework Assistance Economics use the information in the table to calculate total revenue,

Economics

use the information in the table to calculate total revenue,

use the information in the table to calculate total revenue, marginal revenue, and marginal cost. In… Show more use the information in the table to calculate total revenue, marginal revenue, and marginal cost. Indicate profit- maximizing level of output. If the price was $3 and fixed costs were $5, what would vaiable cost be? At what level of output would the firm produce? output price total cost 1 $5 $10 2 $5 $12 3 $5 $15 4 $5 $19 5 $5 $24 6 $5 $30 7 $5 $45 • Show less

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