Economics
posted by Howard .
Given the following information calculate the Marginal Revenues. I am getting lost on the order because I know the formula is change in TR/change in Q.
Q Price TR
60 26,000 (60x26K) = 1,560,000
70 22,000 (1,540,000)
80 18,000 (1,440,000)
90 14,000 (1,260,000)
100 10,000 (1,000,000)

at 60, N.A.
at 70, 20000/10=2000
at 80, 100000/10=10000
at 90, 80000/10=8000
at 100, 260000/10=26000
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