Revenue_answers

EconomicsOnline - 04 Feb 2019

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