Answer to Question #1571 in Calculus for jefferey

Question

A manufacturer estimated marginal cost (MC) and marginal revenue (MR) at
various levels of output (q), as seen below:

q(units) 0 20 40 60 80 100 120
MC($per unit) 260 250 240 200 240 250 250
MR($per unit) 410 350 300 250 270 250 240
• Using the trapezoid rule, estimate the revenue and variable production cost
for 100 units.

Answer 1

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