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Answer to Question #5872 in Microeconomics for Ru-Ina
Question #5872
how do i calculate the following;
i) totale revenue curve (TR)
ii) total cost curve (TC)
iii) variable cost curve (VC)
iv) fixed cost (FC)
v) net profit curve (NP)
vi) gross profit/marginal income curve (MI)
they want a mathematical formula...
i) totale revenue curve (TR)
ii) total cost curve (TC)
iii) variable cost curve (VC)
iv) fixed cost (FC)
v) net profit curve (NP)
vi) gross profit/marginal income curve (MI)
they want a mathematical formula...
Expert's answer
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