Please provide a clear presentation for the following, type only the answers here:1.Plot total cost and total revenue in one graph 2.Plot Average revenue ,marginal revenue, average cost and marginal cost in one graph. AVERAGEТОТА AVERLWORKEOUTPUPRICEMARGINAVERALТОТАMARGMARТ (Total (P)product)RSALGEINALAGEGINAREVE REVE(Variableinput)PRODUCPRODUCOSTCOSTCOSTLTСТNUENUEREVEТР(ТC)(AC)(М)NUEMPAP(TR)(AR)(MR)200120102020300300100101030250203025400200200402035390254030500166.63007525451203030306001504001203055514035202870014050017535956150451025800133.36002704580715550522.1900128.71003505080

A production function uses the factors of production (like labour, capital, technology, raw…

PRICE MARGIN AL ТОТА AVER AGE WORKE AVER AGE MAR GINA OUTPU AVERA ТОТА MARG INAL Т (Total | (P) product) RS GE (Variable input) PRODUC PRODU COST COST COST REVE REVE L T CT NUE NUE REVE TP (TC) (AC) (МC) NUE MP AP (TR) (AR) (MR) 200 1 20 10 20 20 300 300 100 10 10 30 50 20 30 25 400 200 200 40 20 35 3 90 25 40 30 500 166.6 300 75 25 45 4 120 30 30 30 600 150 400 120 30 55 140 35 20 28 700 140 500 175 35 95 6. 150 45 10 25 800 133.3 600 270 45 80 7 155 50 5 22.1 900 128.7 100 350 50 80

PRICE MARGIN AL ТОТА AVER AGE WORKE AVER AGE MAR GINA OUTPU AVERA ТОТА MARG INAL Т (Total | (P) product) RS GE (Variable input) PRODUC PRODU COST COST COST REVE REVE L T CT NUE NUE REVE TP (TC) (AC) (МC) NUE MP AP (TR) (AR) (MR) 200 1 20 10 20 20 300 300 100 10 10 30 50 20 30 25 400 200 200 40 20 35 3 90 25 40 30 500 166.6 300 75 25 45 4 120 30 30 30 600 150 400 120 30 55 140 35 20 28 700 140 500 175 35 95 6. 150 45 10 25 800 133.3 600 270 45 80 7 155 50 5 22.1 900 128.7 100 350 50 80

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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