Mr Browns owns and operate a dog grooming. Figure 15.1 shows the cost and revenue curves for a pet grooming session. Ini
Posted: Wed Jul 06, 2022 6:29 pm
Mr Browns owns and operate a dog grooming. Figure 15.1 shows the cost and revenue curves for a pet grooming session. Initially, Mr Browns sets his price to maximise profits. Figure 15.1: Costs, Revenue per grooming session 12 MR Quantity of treatments per day Calculate the change in total supernormal profit if Mr Browns changes his objective from profit maximisation to revenue maximisation. A. R225 B. R117 C. R108 D. R125