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Homework answers / question archive / JADUAL 2 (TABLE 2)  COSTS REVENUES Quantity Produced Total Cost (RI I) Marginal Cost Quantity Demanded Price (RM/unit) Total Revenue Marginal Revenue 0 100 - 0 170 -1 140 1 160 2 184 2 150 3 230 3 140 4 280 4 130 5 335 5 120 6 395 6 110 7 475 7 100 8 565 8 90    Usahatani Company, a monopolist, has the following cost and revenue information in selling their fertilizer   Refer to Table 2

JADUAL 2 (TABLE 2)  COSTS REVENUES Quantity Produced Total Cost (RI I) Marginal Cost Quantity Demanded Price (RM/unit) Total Revenue Marginal Revenue 0 100 - 0 170 -1 140 1 160 2 184 2 150 3 230 3 140 4 280 4 130 5 335 5 120 6 395 6 110 7 475 7 100 8 565 8 90    Usahatani Company, a monopolist, has the following cost and revenue information in selling their fertilizer   Refer to Table 2

Economics

JADUAL 2 (TABLE 2) 
COSTS REVENUES Quantity Produced Total Cost (RI I) Marginal Cost Quantity Demanded Price (RM/unit) Total Revenue Marginal Revenue 0 100 - 0 170 -1 140 1 160 2 184 2 150 3 230 3 140 4 280 4 130 5 335 5 120 6 395 6 110 7 475 7 100 8 565 8 90 
 

Usahatani Company, a monopolist, has the following cost and revenue information in selling their fertilizer

 

Refer to Table 2. What are Usahatani Company fixed costs?

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Quantity Produced Total Cost Marginal Cost Quantity Demanded Price Total Revenue Marginal Revenue
  (RM)     (RM/Unit)    
0 100 - 0 170 -  
1 140 40 1 160 160 160
2 184 44 2 150 300 140
3 230 46 3 140 420 120
4 280 50 4 130 520 100
5 335 55 5 120 600 80
6 395 60 6 110 660 60
7 475 80 7 100 700 40
8 565 90 8 90 720 20

Marginal Cost = Change in Total Cost/Change in Quantity Produced

Total Revenue = Price*Quantity Demanded

Marginal Revenue = Change in Total Revenue/Change in Quantity Demanded

 

Ans. Usahatani Company's Fixed Costs = 100