What are total revenues and marginal revenues

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Q. Econ TotsPoses, Inc., a profit-maximizing business, is only photography business in town that specializes in portraits of small children. George, who owns and runs Tots Poses, expects to encounter an average of eight customers per day, each with a reservation price shown in following table. What are total revenues, average revenues and marginal revenues?

Reference no: EM1369649

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