[ vuZs.net ] ECO 401 Idea Solution

Q P TFC TVC TR MR TC
MC Profit
400 2.5 150 750 1000 - 900
- 100
500 2.25 150 830 1125 125 980 80
145
600 2 150 905 1200 75 1055 75
145
700 1.75 150 995 1225 25 1145 90
80
Profit is maximized where output is 600 and price is 2. Profit is
meximized where MR = MR.

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