Answer Happy

Refer to the information provided in Figure 13.3 below to answer the questions that follow. B. -$1. Price per unit O C. $1. O D. $4. 10 87654 0 (Note: Point A is the midpoint of the demand curve) Demand Refer to Figure 13.3. The marginal revenue of the sixth pound of cheese is O A. -$4. 23456 Pounds of cheese at At Point A the elasticity of demand is -1 Figure 133
Refer to Figure 13.3. This firm s total revenue will be maximized at a price of O A. $8. O B. $6. OC. $5. O D. $4.