Answer to Question #133100 in Other for Mpho

Question #133100
Price per unit Demand Units Total costs
7 000 0 3 000
6 000 1 5 000
5 000 2 8 000
4 000 3 12 000
3 000 4 17 000
2 000 5 23 000
1 000 6 30 000

Required:
Using a tabular approach, calculate the marginal revenues and marginal costs for product G_Easy at the different levels of demand, and so determine the selling price at which Lefola Limited’s profits are maximized.
1
Expert's answer
2020-09-14T09:19:13-0400
Dear Mpho, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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