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Complete the Following Table and Determine the Point of Profit

question 106

Essay

Complete the following table and determine the point of profit maximization.
 Total  Marginal Total  Marginal Quantity  Revenue Revenue  Cost  Cost  Profit 100500200101504.95204.50102509.85209.10103514.70213.80104519.50218.60105524.25223.50106528.95228.50107533.60233.60108538.20238.80109542.75244.10110547.25249.50\begin{array}{llll}&\underline {\text { Total }} & \underline {\text { Marginal} } & \underline {\text { Total }} & \underline {\text { Marginal} } \\\underline {\text { Quantity }}&\underline {\text { Revenue} } & \underline {\text { Revenue }} &\underline {\text { Cost }} &\underline { \text { Cost }}& \underline { \text { Profit } } \\100 & 500 &\underline { \quad\quad\quad\quad} & {200}&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\101 & 504.95 &\underline { \quad\quad\quad\quad} & 204.50&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\102 & 509.85 & \underline { \quad\quad\quad\quad} & 209.10&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\103 & 514.70 &\underline { \quad\quad\quad\quad} & 213.80&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\104 & 519.50 &\underline { \quad\quad\quad\quad} & 218.60&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\105 & 524.25 & \underline { \quad\quad\quad\quad} & 223.50&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\106 & 528.95 & \underline { \quad\quad\quad\quad} & 228.50&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\107 & 533.60 & \underline { \quad\quad\quad\quad} & 233.60 &\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\108 & 538.20 & \underline { \quad\quad\quad\quad} & 238.80&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\109 & 542.75 & \underline { \quad\quad\quad\quad} & 244.10&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \\110 & 547.25 & \underline { \quad\quad\quad\quad} & 249.50&\underline { \quad\quad\quad\quad}& \underline { \quad\quad\quad\quad} \end{array}


Definitions:

World Exists

The acknowledgment of the reality of the physical universe and everything in it.

Barrier To Critical Thought

An obstacle or factor that impedes the ability to think clearly, logically, or objectively.

Emotions

Complex psychological states that involve physiological responses, subjective feelings, and expressive behaviors.

Rationalism

The belief that religion should be consistent with reason and evidence.

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