Managerial Economy
1. Table 1.1: John marginal sales per day in all three states
Total Sales ($) Marginal Sales ($)
Days Victoria NSW Queensland Victoria NSW Queensland
0 4,000 3,000 1,900 - - -
1 10,000 7,000 5,200 6,000 4,000 3,300
2 15,000 10,600 7,400 5,000 3,600 2,200
3 19,000 13,800 8,600 4,000 3,200 1,200
4 22,000 16,600 9,200 3,000 2,800 600
5 24,000 19,000 9,600 2,000 2,400 400
6 25,000 21,000 9,800 1,000 2,000 200
Table 1.2: John Total Sales and Marginal Sales in Victoria
Days Total Sales ($) Marginal Sales ($)
0 4,000 -
1 10,000 6,000
2 15,000 5,000
3 19,000 4,000
4 22,000 3,000
5 24,000 2,000
6 25,000 1,000
Figure 1.1: Total Sales and Marginal Sales in Victoria.
Table 1.3: John Total Sales and Marginal Sales in NSW
Days Total Sales ($) Marginal Sales ($)
0 3,000 -
1 7,000 4,000
2 10,600 3,600
3 13,800 3,200
4 16,600 2,800
5 19,000 2,400
6 21,000 2,000
Figure 1.2: Total Sales and Marginal Sales in NSW
Table 1.4: John Total Sales and......
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