What is marginal revenue? Based on the provided schedule from the Chesapeake Bay Swing Company,at which quantity should Chesapeake Bay start producing additional swings?
$\begin{array}{l}
\
\begin{array} { c c c }
\text { Quantity }&\text { Marginal Revernue } & \text { Marginal Cost } & \text { Total Profit } \
1&2 6 0 & 1160 & \$ 200 \
2&110 & 140 & 270 \
3&190 & 120 & 340 \
4&170 & 140 & 370 \
5&160 & 160 & 370 \
6&150 & 180 & 340 \
7&120 & 220 & 240
\end{array}
\end{array}$

Question

What is marginal revenue? Based on the provided schedule from the Chesapeake Bay Swing Company,at which quantity should Chesapeake Bay start producing additional swings?
 $\begin{array}{l}
\
\begin{array} { c c c } 
\text { Quantity }&\text { Marginal Revernue } & \text { Marginal Cost } & \text { Total Profit } \
1&2 6 0 & 1160 & \$ 200 \
2&110 & 140 & 270 \
3&190 & 120 & 340 \
4&170 & 140 & 370 \
5&160 & 160 & 370 \
6&150 & 180 & 340 \
7&120 & 220 & 240
\end{array}
\end{array}$

Quizplus · Accepted Answer

The Answer of What is marginal revenue? Based on the provided schedule from the Chesapeake Bay Swing Company,at which quantity should Chesapeake Bay start producing additional swings?
 $\begin{array}{l}
\
\begin{array} { c c c } 
\text { Quantity }&\text { Marginal Revernue } & \text { Marginal Cost } & \text { Total Profit } \
1&2 6 0 & 1160 & \$ 200 \
2&110 & 140 & 270 \
3&190 & 120 & 340 \
4&170 & 140 & 370 \
5&160 & 160 & 370 \
6&150 & 180 & 340 \
7&120 & 220 & 240
\end{array}
\end{array}$

What Is Marginal Revenue? Based on the Provided Schedule from the Chesapeake