A firm is asked to find the company’s Profit-Maximization point. Variable Costs remains at $1,280 per employee per month. Fixed Costs remains at $1,000.00. Find and label the Profit Maximization point (MC=MR), and determine if the company earning a profit?
Q | P=D | TR | TC | ATC | AVC | AFC | MC | MR |
0 | $19.99 | 1000 | ||||||
100 | $18.99 | 2280 | ||||||
180 | $17.99 | 3560 | ||||||
250 | $16.99 | 4840 | ||||||
310 | $15.99 | 6120 | ||||||
360 | $14.99 | 7400 |
Get Answers For Free
Most questions answered within 1 hours.