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cmartinez034 cmartinez034
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A year ago
The table shows details about demand for a plate lunch at Rudy's Ribs.

Number of Meals (Q),
in hundreds		Price (P)
69.8​10
69.84​8
69.88​6
69.92​4
69.96​2

If Rudy sets the price of a plate lunch to $4, what is the total revenue? The average revenue? What is the marginal revenue if they raise the price to $6?
Please round your answers to two decimal places.

▸ -$3490.00, $279.68, $4

▸ -$3490.00, $4, $279.68

▸ $279.68, -$3490.00, $4

▸ $279.68, $4, -$3490.00
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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blf1210blf1210
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A year ago
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cmartinez034 Author
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A year ago
Brilliant ツ
ethom947
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Yesterday
Just got PERFECT on my quiz
dearsophia21
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2 hours ago
Smart ... Thanks!
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