Top Posters
Since Sunday
7
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
reync89 reync89
wrote...
Go to Answer
Posts: 137
Rep: 0 0
A year ago
Your food-services company has been named as the monopoly provider of meals at a small university. The cost and demand schedules are: 

Sold per DayPrice per Meal
$		Total Cost
$		Total Revenue
$
   06.00  500      0
1005.50  550  550
2005.00  6001000
3004.50  6751350
4004.00  8001600
5003.50  9501750
6003.0012001800
7002.5016001750

TABLE 10-2

Refer to Table 10-2. What is the marginal cost of an additional meal when output is between 400 and 500 meals per day?

▸ $0.50

▸ $5.00

▸ $4.00

▸ $0

▸ $1.50
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 35 times
1 Reply
Replies
Answer verified by a subject expert
mr.pogimr.pogi
wrote...
#1
Posts: 131
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

reync89 Author
wrote...

A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
nadiia
wrote...

Yesterday
Thanks
Alina01978
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  969 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 203
  
 753
  
 319
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which is the best fuel for late night cramming?