Question: QUESTION FIVE From the figures given below; OUTPUT(UNITS) TOTAL REVENUE 50 750 60 840 70 910 80 960 90 990 100 1000 You are required

QUESTION FIVE From the figures given below; OUTPUT(UNITS) TOTAL REVENUE 50 750 60 840 70 910 80 960 90 990 100 1000 You are required to: a) Calculate the average revenue [3 marks] b) Calculate the marginal revenue [2 marks] c) Draw the average revenue curve [2 marks] d) Determine the market structure [1 mark] e) Mention two features of the market structure in (d) [2 marks].

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