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Calculate Marginal Revenue per well and Marginal cost per well. ...

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Accounting

Calculate Marginal Revenue per well and Marginal cost per well.
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o 0 20 40 60 80 100 120 140 160 180 200 o 200,000 400,000 560,000 680,000 750,000 800,000 800,000 760,000 680,000 580,000 3 wells () total Water output 4 (gal) total cost in $/day If it costs 5 $10/day/well water value (S) assuming 6 $0.0030/gal 0 200 400 500 800 1,000 1,200 1,400 1,600 1,800 2.000 0 600 1,200 1,680 2,040 2,280 2,400 2,400 2,280 2,040 1,740 0 400 800 1,080 1,240 1,280 1,200 1,000 680 240 -260 0.0000 7 Profit (5) Average reveue 8 per well (S) 9 cost per well (S) 20 Profit per well ($) Marginal revenue 11 per well (S) marginal Cost per 12 well (5) 13 0.0000 0.0000 20.0000 10.0000 200.0000 20.0000 10.0000 400.0000 18.0000 10.0000 480.0000 15 5000 10.0000 440.0000 12 8000 10.0000 280.0000 10.0000 10.0000 0.0000 7.1400 10.0000 - 400.0000 4.2500 1.3300 -1.3000 10.0000 10.0000 10.0000 - 920.0000 -1,560.0000 -2,260 0000 0.0000 0.0000

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