Question: Create a new spreadsheet in which total fixed cost increases to $5,000. What price should the manager charge? How many papers should be sold in

Create a new spreadsheet in which total fixed cost increases to $5,000. What price should the manager charge? How many papers should be sold in the short run?

Number of newspapers per day (Q) Total revenue (including advertising revenues) per day (TR) Total cost per day (TC) Marginal Revenue (MR) Marginal Cost (MC) Total Profit profit mar price TFC
0 0 2500 -2,500.00 0 0 -
1000 4000 2600 4.00 0.10 1,400.00 (2,596.00) 4.00 2,500.00
2000 5000 2700 1.00 0.10 2,300.00 (2,698.00) 2.50 2,500.00
3000 5500 2860 0.50 0.16 2,640.00 (2,858.00) 1.83 2,500.00
4000 5750 3020 0.25 0.16 2,730.00 (3,019.00) 1.44 2,500.00
5000 5950 3200 0.20 0.18 2,750.00 (3,198.00) 1.19 2,500.00
6000 6125 3390 0.18 0.19 2,735.00 (3,389.00) 1.02 2,500.00
7000 6225 3590 0.10 0.20 2,635.00 (3,589.00) 0.89 2,500.00
8000 6125 3810 -0.10 0.22 2,315.00 (3,809.00) 0.77 2,500.00
9000 5975 4050 0.24 0.24 1,925.00 (4,049.00) 0.66 2,500.00
Number of newspapers per day (Q) Total revenue (including advertising revenues) per day (TR) Total cost per day (TC) Marginal Revenue (MR) Marginal Cost (MC) Total Profit
0 0 7500
1000 4000
2000 5000
3000 5500
4000 5750
5000 5950
6000 6125
7000 6225
8000 6125
9000 5975

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!