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Author Question: The table shows details about demand for a plate lunch at Rudy's Ribs.Number of Meals (Q), in ... (Read 47 times)

jenniferbaugh1984

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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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Marked as best answer by jenniferbaugh1984 on Nov 23, 2022

Harsh06

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jenniferbaugh1984

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Reply 2 on: Nov 23, 2022
Wow, this really help


31809pancho

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Reply 3 on: Yesterday
:D TYSM

 

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