Question

The table below shows data for the production of good X for an individual firm operating in a perfectly competitive market. Quantity of Good X Total Revenue Total Costs Marginal Revenue Marginal Cost Profits 0 0 10 10 80 30 20 160 40 30 240 55 40 320 85 50 400 135 60 480 205 70 560 300 80 640 420 a. Complete the table and draw the graph representing the quantity produced against marginal revenue and marginal cost. b. At what quantity does this firm maximize its profit? c. What is marginal revenue at the profit maximizing quantity? d. What is marginal cost at the profit maximizing quantity? e. What is the equilibrium price?​

Answer 1

Answer:

bro what is x

Explanation:

“It's only after we've lost everything that we're free to do anything.”