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marta [7]
3 years ago
13

Marginal Cost Analysis Chart: ProPhone Blazer Quantity of Phones Price (in whole dollars) Total Revenue Marginal Revenue Total C

ost Marginal Cost Profit (or loss) 0 220 0 0 90 0 1 200 200 200 170 80 2 180 360 160 200 30 3 160 480 120 290 90 4 150 600 120 340 50 5 140 700 100 400 60 6 135 810 90 500 100 7 130 910 100 620 120 The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blazer. Use the chart to calculate the company's profit. What is the difference between marginal cost and marginal revenue at the point when profits are maximized on the chart? a. 10 b. 20 c. 30 d. 40
Mathematics
1 answer:
liubo4ka [24]3 years ago
6 0

Answer:

a. 10

Step-by-step explanation:

Profit = Total Cost - Total Revenue

The profits are charted on the chart attached.

Profit is maximized when the quantity is 6. At this quantity, the difference between marginal cost and marginal revenue is $10.

Download docx
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What is the upper quartile, Q3, of the following data set? 54, 53, 46, 60, 62, 70, 43, 67, 48, 65, 55, 38, 52, 56, 41
scZoUnD [109]
The original data set is 
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Now find the middle most value. This is the value in the 8th slot. The first 7 values are below the median. The 8th value is the median itself. The next 7 values are above the median. 

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Divide the sorted data set into two lists. I'll call them L and U 
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U = {</span><span>55, 56, 60, 62, 65, 67, 70}
they each have 7 items. The list L is the lower half of the sorted data and U is the upper half. The split happens at the original median (54).

Q3 will be equal to the median of the list U
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Therefore, Q3 = 62

Answer: 62</span>
4 0
3 years ago
What is the cube root of 1024?
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Example
katen-ka-za [31]

Answer:

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Zigmanuir [339]
1 Cancel <span>33</span>
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