What is the Profit maximizing product level and why?

What is the Profit maximizing price and why?

*This is for Q4, the 50 and $60 is incorrect

Transcribed Image Text:

Total Profits/ Price Output TR MR TC TFC TVC AFC AVC ATC MC Losses 10 0 0 0 100 100 0 0 0 0 0 -100 20 10 200 20 150 100 50 10 5.00 15.00 5.00 50 30 20 600 40 500 100 400 5 20.00 25.00 35.00 100 35 30 1050 45 825 100 725 3.3333 24.17 27.50 32.50 225 40 40 1600 55 1375 100 1275 2.5 31.88 34.38 55.00 225 45 50 2250 65 50 60 3000 75 1850 100 1750 2400 100 2300 1.6667 2 35.00 37.00 47.50 400 38.33 40.00 55.00 600 Costs Q4 Profit maximizing production level Profit maximizing price 50 $60 3000 Total Profits/ Price Output TR MR TC TFC TVC AFC AVC ATC MC Losses 10 0 0 0 100 100 0 0 0 0 0 -100 20 10 200 20 150 100 50 10 5.00 15.00 5.00 50 30 20 600 40 500 100 400 5 20.00 25.00 35.00 100 35 30 1050 45 825 100 725 3.3333 24.17 27.50 32.50 225 40 40 1600 55 1375 100 1275 2.5 31.88 34.38 55.00 225 45 50 2250 65 50 60 3000 75 1850 100 1750 2400 100 2300 1.6667 2 35.00 37.00 47.50 400 38.33 40.00 55.00 600 Costs Q4 Profit maximizing production level Profit maximizing price 50 $60 3000

Answer rating: 100% (QA)

Based on the image you sent the profitmaximizing production level for Q4 is 50 units and the profitm... View the full answer