Question: need quick, will like!!! two questions Use the following table to answer Question 4. The blank columns are provided for you as workspace- only answers



Use the following table to answer Question 4. The blank columns are provided for you as workspace- only answers to the multiple choice questions are graded. Marginal Profit Selling Total Cost Quantity Price Total Marginal Cost of Revenue Revenue ($) Scooters ($) ($) ($) ($) 1000 1700 1600 1400 2000 1100 2500 14 800 3100 If the scooter producer makes and sells 4 scooters, what will be its total revenue? If the scooter producer makes and sells 4 scooters, what will be its total revenue? O $3,200 O $12,400 O $ 800 O $1,700 O $3,100 M Use the following table to answer Question 5. The blank columns are provided for you as workspace- only answers to the multiple choice questions are graded. Marginal Profit Selling Total Cost Quantity Price Total Marginal Cost of Revenue Revenue ($) Scooters ($) ($) ($) ($) ($) 10 1000 1700 1600 1400 2000 1100 2500 4 800 3100 If the scooter producer decides to produce 4 scooters rather than 3 scooters, how much additional revenue will the firm gain? 1 N 13 If the scooter producer decides to produce 4 scooters rather than 3 scooters, how much additional revenue will the firm gain? O $ 100 .O $3,200 O $ 800 O $-100 O $0 21
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
