Revenue_answers

Revenue_answers

 Revenue – answer

Total, Marginal and Average Revenue:

PRICE (£) QUANTITY DEMANDED TOTAL REVENUE MARGINAL REVENUE AVERAGE REVENUE
10 1 10 10
9 2 18 8 9
8 3 24 6 8
7 4 28 4 7
6 5 30 2 6
5 6 30 0 5
4 7 28 -2 4
3 8 24 -4 3
2 9 18 -6 2
1 10 10 -8 1