What is marginal revenue of 101st pound of heirloom tomatoes

Reference no: EM131021728

Sally runs a vegetable stand. She is selling 100 pounds of heirloom tomatoes per week, at a price of $3.75 per pound. If she lowers the price to $3.70, she will sell 101 pounds of heirloom tomatoes. What is the marginal revenue of the 101st pound of heirloom tomatoes?

Reference no: EM131021728

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What is marginal revenue of 101st pound of heirloom tomatoes : Sally runs a vegetable stand. She is selling 100 pounds of heirloom tomatoes per week, at a price of $3.75 per pound. If she lowers the price to $3.70, she will sell 101 pounds of heirloom tomatoes. What is the marginal revenue of the 101st pound ..

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