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     EduGorilla 
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    Directions: The table provides cost and price information for a firm called Comfy Cushions (CC). The firm produces and sells cushions using a fixed amount of capital equipment but can change the level of inputs such as labour and materials. Read the table and answer the question.

    Production (Q) Price per unit (P) Total cost (TC) Average total cost (ATC) Marginal cost (MC) Total revenue (TR) Marginal revenue per unit (MR)
    0 250 500
    1 240 730
    2 230 870
    3 220 950
    4 210 1010
    5 200 1090
    6 190 1230
    7 180 1470
    8 170 1850
    9 160 2410


    At the profit maximising level, what price should be charged?

    Options :-

    1. Rs. 190
    2. Rs. 200
    3. Rs. 210
    4. Rs. 220
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Reply To: Directions: The table provides cost and price information for a firm called Comfy Cushions (CC). The….
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