Marginal Cost---Average Cost..... Help ...?

Question

Can you please show me one example of each... I need to find .. Marginal Cost.... Average Total Cost... MR... TR.... Profit.. based on information on the picture link below..

http://img518.imageshack.us/img518/1087/46370920qi6.jpg

Just show me one of each, and the formula.. I really need to udnerstand this and learn.. Many Thanks'

- Brittany

Answer 1

Jurij-EU is incorrect.

Marginal Cost is the change in Costs divded by change in quantity. Jurij-EU only factors in the change in cost and doesn't divide by the change in quantity. Just divide his answers by 10, and you'll have the correct answer.

Good Luck!

Answer 2

MC

10=(10-0)

80=(90-10)

60=(150-90)

35

60

80

100

Revenue is impossible to find without information about prices.