Calculate the profit maximization, Financial Accounting

Complete the table and use the information to determine profit maximization or loss minimization.

1. Complete the table

Q

P

TR

MR

TFC

TVC

TC

MC

0

120

0

-

20

0

20

-

1

110

110

110

20

50

70

50

2

100

200

90

20

85

105

35

3

90

270

70

20

125

145

40

4

80

320

50

20

170

190

45

5

75

375

55

20

225

245

55

6

70

420

45

20

295

315

70

7

50

350

-70

20

385

405

90

2. Profit maximization or loss minimization is at _____ units because ____________________________.
3. There is a profit/loss of ___________.

 

Posted Date: 2/19/2013 12:33:41 AM | Location : United States







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