Jared Wallenmeyer

Marginal analysis
10/3/14
Q B(Q) C(Q) N(Q) MB(Q) MC(Q) MNB(Q)
0 0 0 0 -- -- --
1 200 30 170 200 30 170
2 300 70 230 100 40 60
3 270 0 270 -30 50 40
4 450 705 255 180 60 -15
5 480 255 225 30 -450 -30
6 500 0 500 20 75 275
Marginal Analysis
Microeonomics - Econ 2010
Salt Lake Community College
Complete the chart below with the appropriate numbers in Excel using formulas based on the
numbers given in the chart below! hint: when entering information in a cell that you do not want to
be recognized as a formula enter it proceeded by an: '
Create an embedded graph using Excel. Go to the Insert tab, click on Scatter (if the lines look funny
click on Chart Tools then Design then Switch Rows/Columns) (hint: do not use the rows that have a
dash in them) if you need access to Excel go to: https://allaccess.slcc.edu/vpn/index.html
Go to Chart Tools then Layout then title your graph and your x and y axis
Highlight the optimal row on the chart and go to the Home tab and under Font you can pick your color
to highlight that row
Go to Insert then shapes then line to create your line on the graph at the optimal point, then go to
Format then Shape Outline to change the color to red and to change the width of the line
Go to Insert, then Shapes, then Text Box to create the area to type in your 7 reasons you know that you
are at the optimal point
Save the spread sheet as "your name - Marginal Analysis"
Print off a hard copy and bring it to class (make sure that everything fits on 1 page and that I can read
the chart, the graph and your 7 reasons)
Submit the finished project in the drop box in Connect.
If you want to see your formulas hold the control key while you press the ~ key (to the left of the
number 1) and to revert to the standard screen repeat the process.
Point Distribution
24
1
6
3
1
1
1
7
1
1
both visable on one page
1
3
50 total points
-600
-400
-200
0
200
400
600
800
0 1 2 3 4 5 6 7
P

Q
Jared Wallenmeyer
Marginal analysis
10/3/14
-600
Q
Jared Wallenmeyer
Marginal analysis
10/3/14
Point Distribution
24 cells ( 0.5 for correct number and 0.5 for correct formula)
Creat an embedded graph
6 lines on the graph
Title the graph and label the x-axis and the y-axis
Highlight optimal point on chart
Put a red line on graph at the optimal point
Create a text box for the 7 reasons
State the 7 reasons you know you are at an optimal place
Submit a final version in the drop box
Hand in a hard copy such that the chart and the graph are
both visable on one page
Put your name at the top of the assigment
Just for trying
points