Essay On Marginal Revenue Curve

Essay About Costs Of The Theater And Derivative Of The Total Revenue Curve
Pages • 1

Economics Assignment-Microeconomics Economics Assignment #1ECON 51001.a)At the current price, $1.50, the theatre would sell 225 tickets.If  then[pic 1][pic 2][pic 3][pic 4]b)[pic 5]The marginal revenue curve is a derivative of the total revenue curve. To calculate total revenue, the demand curve needs to be solved for price rather than quantity (inverse demand curve)If ,   then[pic.

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