The following data are price/quantity/cost combinations for Titan Industry€™s mainframe computer division:

a. What is the marginal revenue if output rises from 2 to 3 units? What is the marginal cost if output rises from 4 to 5 units?
b. What quantity should Titan produce to maximize total revenue? Total profit?
c. What is Titan€™s fixed cost? How do Titan€™s marginal costs behave as outputincreases?

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Price per Unit Total Cost of Production antitv above $225,000 $225,000 $175,000 $150,000 $125,000 90,000 $200,000 $250,000 $275,000 $325,000 $400,000 $500,000 4