Question: Question 3 of 5 Given: Fixed Cost 500 Quantity Variable Cost Total Cost Marginal Cost Price Total Revenue Marginal Revenue 0 1 2500 2400 _


Question 3 of 5 Given: Fixed Cost 500 Quantity Variable Cost Total Cost Marginal Cost Price Total Revenue Marginal Revenue 0 1 2500 2400 _ 2 3100__ 2200 3 3900 2000 __ 4 5100__1800__ 5 6500 1600 __ 6 7900__1400__ ? 10700 1200 _ 814300__1000__ Required: 2.1 Complete the missing information in the table. 2.2. What is the prot maximizing price and quantity? 3.3. What is the highest possible prot that can be generated
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