Hint Revenue is maximize where MR0 Why is revenue maxi.pdf

(Hint: Revenue is maximize where MR=0. ) Why is revenue maximized at a larger quantty than profit? Show the revenue curve. In the figure to the right, let D be demand and MR be marginal revenue. The quankty at which revenue is maximized is Q=11 units: (Enter your response rounded to the nearest whole number.) Revenue is maximized at a larger quantity than profit because A. profit is decreasing in output. B. marginal costs can be negative. C. costs are decreasing in output. D. marginal revenue is decreasing in output. E revenue is greater than profit. Using tho threo-point curved line drawing tool, graph the moncpoly's revenue curve. Label this curve 'R.'.

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• 1. (Hint: Revenue is maximize where MR=0. ) Why is revenue maximized at a larger quantty than profit? Show the revenue curve. In the figure to the right, let D be demand and MR be marginal revenue. The quankty at which revenue is maximized is Q=11 units: (Enter your response rounded to the nearest whole number.) Revenue is maximized at a larger quantity than profit because A. profit is decreasing in output. B. marginal costs can be negative. C. costs are decreasing in output. D. marginal revenue is decreasing in output. E revenue is greater than profit. Using tho threo-point curved line drawing tool, graph the moncpoly's revenue curve. Label this curve 'R.'
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