What is marginal revenue? Based on the provided schedule from the Chesapeake Bay Swing Company,at which quantity should Chesapeake Bay stop producing additional swings?
$$\begin{array} { c c c c }
\underline{\text { Quantity }} & \underline{ \text { Marginal Revenue} } & \underline{ \text { Marginal Cost }} & \underline{ \text { Total Profit} } \
1 & \$ 260 & \$ 160 & \$200\
2 & 110 & 140 & 270 \
3 & 190 & 120 & 340 \
4 & 170 & 140 & 370 \
5 & 160 & 160 & 370 \
6 & 150 & 180 & 340 \
7 & 120 & 220 & 240
\end{array}$$

Question

What is marginal revenue? Based on the provided schedule from the Chesapeake Bay Swing Company,at which quantity should Chesapeake Bay stop producing additional swings?
 $$\begin{array} { c c c c } 
 \underline{\text { Quantity }} & \underline{ \text { Marginal Revenue} } & \underline{ \text { Marginal Cost }} & \underline{ \text { Total Profit} } \
1 & \$ 260 & \$ 160 & \$200\
2 & 110 & 140 & 270 \
3 & 190 & 120 & 340 \
4 & 170 & 140 & 370 \
5 & 160 & 160 & 370 \
6 & 150 & 180 & 340 \
7 & 120 & 220 & 240
\end{array}$$

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 stop producing additional swings?
 $$\begin{array} { c c c c } 
 \underline{\text { Quantity }} & \underline{ \text { Marginal Revenue} } & \underline{ \text { Marginal Cost }} & \underline{ \text { Total Profit} } \
1 & \$ 260 & \$ 160 & \$200\
2 & 110 & 140 & 270 \
3 & 190 & 120 & 340 \
4 & 170 & 140 & 370 \
5 & 160 & 160 & 370 \
6 & 150 & 180 & 340 \
7 & 120 & 220 & 240
\end{array}$$

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