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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
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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
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1 Answer

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

Therefore, he makes a loss of $5.
User Ioanna
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