Documents Revenue and Profit Revenue and Profit. Revenue Defining total, average and marginal revenue –TR =....

Slide 1Revenue and Profit Revenue and Profit Slide 2 Revenue Defining total, average and marginal revenue –TR = P × Q –AR = TR / Q –MR = TR / Q Revenue curves when…

Documents Chapter 5 & 6.2.1 Main Monopoly Chapter 5 & 6.2.1 Main Monopoly.

Slide 1 Slide 2 Chapter 5 & 6.2.1 Main Monopoly Chapter 5 & 6.2.1 Main Monopoly Slide 3 REVENUE Revenue curves when price varies with output (downward-sloping demand…