Homework: Homework 6 Score: 0 of 2 pts Concept: Revenue of a Firm 10 of 19 (14 c

Question

Homework: Homework 6 Score: 0 of 2 pts Concept: Revenue of a Firm 10 of 19 (14 complete) HW Score: 55%, 16.5 of 30 pts ?Question Help * in Florida. Suppose the market for oranges is and that the market price for a crate of oranges is $10 per crate Fill in total revenue, average revenue, and marginal revenue in the table below (Enter your responses as infegers) Average Marginal Crates of Market Price Total Revenue Revenue Revenue Oranges (per crate) S10 10 (MR) 10 Enter your answer in the edit fields and the Check Answer Clear Al All parts showing

Explanation / Answer

Crates of

Oranges

TR = Crates of Oranges * Market Price

MR = TR for a specific crate of orange - TR of just the preceeding crate

AR = TR / Crate of orange

Crates of

Oranges

Market Price TR MR AR 0 10 0     -     - 1 10 10 10 10 2 10 20 10 10 3 10 30 10 10 4 10 40 10 10 5 10 50 10 10

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.