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28 Sep 2019
I am having trouble solving this with such limited information. Ithink the answer from the previous problem is incorrect and do notnowhere to go from here. Ex. 8 answer I got
Price Quantity Total Revenue Marginal Revenue AR
$100 1 $100 $100 $100
$95 2 $190 $90 $95
$88 3 $264 $74 $88
$80 4 $320 $56 $80
$70 5 $350 $30 $70
$55 6 $330 -$20 $55
$40 7 $280 -$50 $40
$22 8 $176 -$104 $22
I am having trouble solving this with such limited information. Ithink the answer from the previous problem is incorrect and do notnowhere to go from here. Ex. 8 answer I got
Price Quantity Total Revenue Marginal Revenue AR
$100 1 $100 $100 $100
$95 2 $190 $90 $95
$88 3 $264 $74 $88
$80 4 $320 $56 $80
$70 5 $350 $30 $70
$55 6 $330 -$20 $55
$40 7 $280 -$50 $40
$22 8 $176 -$104 $22
Price Quantity Total Revenue Marginal Revenue AR
$100 1 $100 $100 $100
$95 2 $190 $90 $95
$88 3 $264 $74 $88
$80 4 $320 $56 $80
$70 5 $350 $30 $70
$55 6 $330 -$20 $55
$40 7 $280 -$50 $40
$22 8 $176 -$104 $22
RonaldLv2
28 Sep 2019
