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Expert Answer

XYZ123 answered this

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5,295 answers

Price Quantity TR

200 0 0

160 4 640

120 8 960

100 10 1000

80 12 960

40 16 640

0 20 0

TR(3)=170*3=510

TR(4)=160*4=640

MR between 3 and 4=640-510=130

TR(7)=130*7=910

TR(8)=120*8=960

MR between 7 and 8=960-910=50

Price Quantity TR MR

200 0 0

160 4 640 160

120 8 960 80

100 10 1000 20
 80 12 960 -20
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40 16 640 -80

0 20 0 -160

TR is maximum at the point where MR is zero.

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Q: 1. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the
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Q: 1. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the
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Q: 2. Calculating marginal revenue from a linear demand curve The blue curve on the following graph represents the
demand curve facing a firm that can set its own prices. Use the graph input tool to help you answer the following
questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white
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demand curve facing a firm that can set its own prices. Use the graph input tool to help you answer the following
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