how do u find the change in total cost and change in quantity when considering the marginal revenue equasion

the w's2.hawaii.edu/~rpeterso/demand.htm

To find the change in total cost and change in quantity using the marginal revenue equation, you would usually need information beyond just the formula itself. However, without access to the website you mentioned, I can explain the general approach:

1. Start by understanding the marginal revenue equation. It typically takes the form: MR = ∆TR / ∆Q, where MR denotes the marginal revenue, ∆TR represents the change in total revenue, and ∆Q is the change in quantity.

2. Determine the initial total cost and quantity values for your analysis.

3. Calculate the marginal revenue using the given equation or the data provided. This will give you the rate of change in revenue for each unit change in quantity.

4. Determine the change in total revenue (∆TR) by multiplying the marginal revenue (MR) by the change in quantity (∆Q).

5. If you have additional information about the costs associated with each unit of quantity, you can calculate the change in total cost (∆TC) by multiplying the change in quantity (∆Q) by the cost per unit.

By using this approach, you can find the change in total cost and change in quantity when considering the marginal revenue equation. However, it's always best to refer to the specific instructions and examples provided in the resource you mentioned for a more accurate understanding.