| Example 1: Consumption and savings | Example 2: a firm's total revenue |
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| DY
C S a. 1000 ______ ______ b. 2000 ______ ______ DC/DY = MPC = ______ DS/DY = MPS = ______ |
Q TR a. 2 ______ b. 3 ______ DTR/DQ = MR = ______ Note: firm demand curve is: P = 100 - 10Q |
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| Example 3: a firm's total cost | Example 4: a firm's total output |
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| Q TC a. 1 ______ b. 2 ______ DTC/DQ = MC = ______ |
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Q a. 2 ______ b. 3 ______ DQ/DL = MPL3 = ______ c. 4 ______ DQ/DL = MPL4 = ______ |