Register
Sean owns the only pool-cleaning service in his town. if he charges $50 per cleaning, he has 10 weekly customers. if he wants to add an 11th customer, he needs to reduce his price to $45. what is sean's
74.2k views
5 votes
Sean owns the only pool-cleaning service in his town. if he charges $50 per cleaning, he has 10 weekly customers. if he wants to add an 11th customer, he needs to reduce his price to $45. what is sean's marginal revenue for the 11th customer?

a.-$5

User John Harrington
by
8.5k points

1 Answer

2 votes
$500 - with 10 weekly customers
$495 - with 11th weekly customer

Therefore, he makes a loss of $5.
User Ioanna
by
8.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!